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Jiang Zhuo'er's roundtable is reasonable, this isn't about exclusive control but about how power is shared between the community, miners and developers. Miners have seen the value of their LTC holdings triple...segwit suits them so long as they wield power in the decision making process.
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This roundtable is important, if they get the diplomacy just right, the interests of everyone will be secured. This is politics, but politics is as much about creating shared interests as much as it is about individual power. If /u/coblee and Jiang Zhuo'er along with the others can negotiate a deal to implement segwit such that everyone's interests are met, Jihan will suddenly find himself in the minority.

The bottom line is this however, there is no alternative to segwit in terms of enhancing LTC's overall value, everyone has an interest in seeing the value of LTC go up, any /r/BTC drama will have to be negated to see LTC realise it's potential such that everyone's collective investment in to LTC will reap rewards. Jiang Zhuo'er has hinted as much with his approval of /u/Coblee's commitment to larger blocksize in the future when and if appropriate.

Developers, Miners, and Community in LTC can achieve what BTC can't, and that gives us the only hope we have for LTC's future. Hodl tight and good luck to us all.

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7 years ago