I’ve recently opened my mind to BIP 110 for the sake of trying to hear where supporters for it are coming from, as I believe many of them care about Bitcoin as much as I do.
I get some of the argum...
In his mind (and his cultish followers) the BIP110 rules will be the new Bitcoin protocol. If ~no blocks are mined on this fork chain, he's saying users (him and his followers) should change the POW algorithm to something else, which presumably means people can mine with GPUs again on this chain, at least initially.
It would really just create a forkcoin, not unlike Bitcoin Cash, but like many Bitcoin Cash supporters they'll claim it's "the real Bitcoin".
I'm not sure that answers your question but maybe it helps.
(FWIW this was very predictable yet some of his most ardent supporters I spoke with were denying this would happen until very recently. I fully expect them to adopt the script over the coming weeks and months though.)
It would really just create a forkcoin, not unlike Bitcoin Cash, but like many Bitcoin Cash supporters they'll claim it's "the real Bitcoin".
I'm not sure that answers your question but maybe it helps.
(FWIW this was very predictable yet some of his most ardent supporters I spoke with were denying this would happen until very recently. I fully expect them to adopt the script over the coming weeks and months though.)
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