hannawilson0259c6f770c on Nostr: The reason conversations around consensus are a dysfunctional mess is not because of ...
The reason conversations around consensus are a dysfunctional mess is not because of the people proposing changes, its because of the people refusing to listen in good faith.
Conservatism, in the literal and not political sense, has always been a core part of the Bitcoin ecosystem. Satoshi himself was very cautious and thorough in his original design attempts, and developers since have tried to be very cautious and thorough in the development process after his departure.
Numerous pieces of technology have been developed originally for Bitcoin, eventually being tested on other networks specifically out of that caution. Confidential Transactions, one of the core pieces of technology underlying Monero? It was created by Gregory Maxwell for Bitcoin. It was not implemented due to large inefficiencies in terms of data size, and because of the fact that it fundamentally changed cryptographic assumptions.
All cryptography used in Bitcoin relies on the discrete log assumption, that factoring two prime numbers of large enough size is not possible. If this assumption breaks, everyone’s private keys are crackable from their public keys. Confidential Transactions, and how they work, would allow someone to secretly inflate the money supply instead of just cracking other people's keys, and no one would be able to tell because it obscures the transaction amounts from public view.
Conservatism, in the literal and not political sense, has always been a core part of the Bitcoin ecosystem. Satoshi himself was very cautious and thorough in his original design attempts, and developers since have tried to be very cautious and thorough in the development process after his departure.
Numerous pieces of technology have been developed originally for Bitcoin, eventually being tested on other networks specifically out of that caution. Confidential Transactions, one of the core pieces of technology underlying Monero? It was created by Gregory Maxwell for Bitcoin. It was not implemented due to large inefficiencies in terms of data size, and because of the fact that it fundamentally changed cryptographic assumptions.
All cryptography used in Bitcoin relies on the discrete log assumption, that factoring two prime numbers of large enough size is not possible. If this assumption breaks, everyone’s private keys are crackable from their public keys. Confidential Transactions, and how they work, would allow someone to secretly inflate the money supply instead of just cracking other people's keys, and no one would be able to tell because it obscures the transaction amounts from public view.