techfeudalist on Nostr: We need to take our time to get this right. All protocol changes have risks and ...
We need to take our time to get this right.
All protocol changes have risks and bitcoin is our hope for the future. Proponents must prove that their protocol change is both safe and necessary.
Safe? I have still never seen anyone do a review and deep-dive of the non-technical risks of covenants.
Necessary? We might have a scaling problem in the future but don’t have one yet. We should cross that bridge when we get there and assess all of our options at that time. Who knows what we will invent between now and then?
All protocol changes have risks and bitcoin is our hope for the future. Proponents must prove that their protocol change is both safe and necessary.
Safe? I have still never seen anyone do a review and deep-dive of the non-technical risks of covenants.
Necessary? We might have a scaling problem in the future but don’t have one yet. We should cross that bridge when we get there and assess all of our options at that time. Who knows what we will invent between now and then?