Why XT Should Start Their Own Party

A vocal online debate has been raging. Echoing through the endless chambers of the internet. All this at a time when the majority of the world have not even got their heads around the concept of a how a simple crypto currency works. There are even publications as mainstream as Bloomberg discussing it. In the past I have taken a wait and see approach as I also believe the majority of bitcoin users have. But now I think XT activists are out of control, more out of control than me, especially on Reddit, and we have to say something.

Its for simple moral reasons that I think they should start their own party. They tried to start a fight.

Inspiring hard forking is risky for any crypto currency. The mining process is continually cutting down forks and creating consensus for a reason. Hard forks especially corrupt the ledger across time and this is the primary function of bitcoin this should be avoid. Some miners end up mining for free, transactions bounce and there are possibilities of double spends. Accurate ledgers are what we want and they are the most fair, it as simple as that.

Bitcoin in its current form is a programming miracle and perfectly functional in its current state. This is respectable and should be revered in a way for its stability. Many companies have been set up under the current framework and have tailored their services around the blocksize. It could be a pressure cooker for innovation and adoption. Any major change to the most successful crypto currency should be a last resort option. 

Decentralisation! yes I hear you! We should not censor ideas and everyone should be free. These are themes that are important and part of the fabric of crypto currency mechanism, but people need to be realistic when talking about areas within the code. It's hard to keep a program working based on chaotically competing core applications. I think purist's need to be reasonable.

Chaotic competition should happen between crypto currencies, but within them there needs to be some harmony. Altcoins are available to make money transfers with. They are fully functional and some well established in their own right. Many of them have aspects that are too far out for people starting, but will surely lead to some coin that will one day surpass the bitcoin in users. Can a few bitcoin XT enthusiast really predict the future? It's a complex environment involving many features, including humans and nobody really knows what could be happening in the world ten years from now and when transaction fees become bitcoin miners main reward. 

All this said, there is nothing stopping XT fans from creating their own altcoin from genesis and starting their own party.  

"If they don't like the bitcoin koolade then go make your own, the stuffs open source! you don't need to spike ours!"

This is the crux of the moral issue. Early adopters to a genesis block XT currency, one not using the bitcoin blockchain, would receive huge mining rewards. If this would be successful it would be a huge financial benefit to them. However XT fans don't want to do this. They know that the small modification to bitcoin would not grab widespread appeal. If they believe in it so much then you'd think that they'd be willing to start fresh.

In short XT fans want keep Bitcoins users and infrastructure and twist to their own view. But who are we to know whats right? Litecoin already offers and equivalent to a 4mb block, and there is much more transaction volume available on dash, doge and peer coins than there would be on an XT network. The amount of marketing and reputation and commerce building required for a cypto currency can be huge. Its took years for bitcoin to get off the ground and many altcoins struggle for attention. So XT comes along and says "hey bitcoin your so cool, this is a nice party, I totaly want to be just like you, you just need a little XT". Everyone else is like "ahh we've been refining this recipe for years and its going great, here's the ingredients if you like try making your own" then XT starts a cyber scream.

Bitcoin users are well aware of what Bitcoin is and what it can do at the moment. That's why they are there. It's strength is in peoples belief in its current form, functionality and reputation. People who think another crypto currency is better can easily change their bitcoin for it. Exchanges doing this are much easier than those using fiat. So XT can set up a party on the other side of the street and we can all play together, drink each others koolaid, have a block party so to speak. Combine and make one big party if we like, Change is good but it should be inspired. Violence won't work on a decentralised system. Within the currency progress will only come with consensus.

All the arguing and posturing kills the vibe and is a waste. People should be getting active and getting their friends on board with bitcoin in general. Priorities get twisted and the detail is amazing, but trying to mess with the core at the moment is unnecessary. Helping people understand the simplicity of bitcoin is the key.