jimbocoin on Nostr: I’m a selfish #Bitcoin soft-fork supporter. I only support soft-forks that benefit ...
I’m a selfish #Bitcoin soft-fork supporter. I only support soft-forks that benefit me personally.
I supported SegWit because it improved scalability and privacy. Not just increasing block space, but denser use of block space—especially enabling Lightning.
I supported Taproot because it further improves density and also privacy. Taproot spending transactions reveal only the branch, not the whole script, which also enables vastly more complex scripts.
I OPPOSE Drivechains. No one has made a pitch that benefits me personally, and the risks of introducing a hash-based ownership model creates a new and possibly powerful mining centralization incentive.
I intend to support some from of covenant soft-fork because they will further densify use of block space. I just don’t know which of the competing proposals has the best risk/reward profile for me yet.
I supported SegWit because it improved scalability and privacy. Not just increasing block space, but denser use of block space—especially enabling Lightning.
I supported Taproot because it further improves density and also privacy. Taproot spending transactions reveal only the branch, not the whole script, which also enables vastly more complex scripts.
I OPPOSE Drivechains. No one has made a pitch that benefits me personally, and the risks of introducing a hash-based ownership model creates a new and possibly powerful mining centralization incentive.
I intend to support some from of covenant soft-fork because they will further densify use of block space. I just don’t know which of the competing proposals has the best risk/reward profile for me yet.