Wed, Jan 7, 2026 · 7:00 PM CST
## Book Club Series: The Blocksize War (Austin Software Cooperatives) Part 3
We’re kicking off a multi‑part reading group on The Blocksize War —a narrative of the 2015–2017 fight over Bitcoin’s blocksize and the deeper question of who gets to change rules in a decentralized system . We’ll use the story as a springboard to explore protocol governance, incentives, credible commitment, soft‑ vs hard‑fork dynamics, user coordination (UASF), and “exit vs. voice” —with applied takeaways for cooperative organizations.
> Focus: governance lessons, not price or trading.
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### What we’ll cover
Who governs a system with no boss? Nodes, miners, devs, exchanges, users—and what “consensus” really means.
Mechanism design & change control: Soft forks vs. hard forks, signaling, activation thresholds, the role of credible exit.
Power and legitimacy: Why “coalitions” (e.g., NYA) aren’t the same as consensus; why simple rules beat back‑room deals.
Operational tradeoffs: Throughput vs. decentralization; client diversity; backward compatibility.
Co‑op parallels: Consent‑based changes, transparency rituals, and how to avoid “Fiat” control returning through process complexity.
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### Schedule (First Wednesdays)
Session 1 — Wed, Nov 5, 2025 Origins & Fault Lines (2009–2015) : Throughput vs. decentralization; early “big‑block” proposals; why blocksize became a governance lever.
Session 2 — Wed, Dec 3, 2025 2016: The Great Schism : SegWit design goals, miner signaling, exchanges, and “agreements” vs. actual consensus.
Session 3 — Wed, Jan 7, 2026 2017: UASF to Resolution : BIP‑level coordination, user activation, SegWit2x’s collapse, and the BCH split—lessons on credible commitment and collective action.
Session 4 — Wed, Feb 4, 2026 Aftermath & Lessons for Co‑ops : What decentralized governance got right and wrong; translating principles into cooperative bylaws, comp, and decision rights.
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### Who should attend
Engineers, product folks, co‑op builders, protocol‑curious organizers, and anyone interested in change management without a traditional hierarchy .
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### Prep
Get a copy of The Blocksize War (any edition).
Session 1 reading: Preface + early chapters on scaling debates and blocksize proposals.
Bring 1–2 questions you want answered about decentralized change control (e.g., “How do we prevent a tiny group from pushing risky changes?”).
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### Details
When: First Wednesday of the month starting Nov 5, 2025 , 7:00–8:15 PM Central (CT)
Where: Zoom (link sent to RSVPs day‑of) or in‑person if announced
Code of conduct: Be civil; critique ideas, not people. No investment advice.
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### Why this matters for co‑ops
The blocksize saga is a rare, well‑documented case of large‑scale, boss‑less coordination under pressure . It shows how clear rules, credible user action, and transparent signaling can beat power plays—insight you can apply to bylaws, compensation changes, product governance, and member rights in your cooperative.
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RSVP to save your seat. Questions you want covered? Drop them in the event comments so we can prioritize them.