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Sebcurity
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2024-04-16 01:41:46

Sebcurity on Nostr: ...

Imagine owning 1% of the bitcoin supply and not putting a sat of that into open source devs defending the protocol note1fy3…86c0




This is a fun meme, but starts from the premise that, like socialists, we have an entitlement to Saylor’s money. Saylor should give his money to us.

Saylor raised some real issues with how the protocol is at risk. Memes like this make it seem like it’s a simple binary choice which unfortunately is not accurate.


Perhaps you’re overlooking the fact that the core devs messed up. By reducing the fee for segregated witness data, they inadvertently created an incentive for non-financial data. Now we have 4 MB blocks filled with spam jpegs.

Has there been a post mortem or any accountability?

As you know, lines of code == bugs and even bug free code (like segwit) can change network dynamics.

Ethereum is another good example of what happens when devs are given free reign to make whatever changes they want.

We’re playing the long game here. IMHO we shouldn’t allow any further changes to the core for 10 years and just do maintenance.

By that time, any good ideas will be well tested outside of core and we can have a better sense of their possible side effects.


Author Public Key
npub13z7hf0qrh8amllz3e6acm6gm86lqrlrz0pgwtdxjvnykx35mpwnqujxcwf