I simply sat down and watched this debate between Jimmy Track and Jameson Lopp on Bitcoin ossification. I don’t even know the place to start out so far as the absurdity and damaged “logic” in each argument Jimmy made on this debate. So I gained’t strive, I’ll give attention to one particular line of argumentation he made.
“Cash shouldn’t change, it ought to be predictable.”
He particularly spoke alongside these strains with reference to “letting issues mature” on this area from a technical perspective, and implicitly stating that upgrades to Bitcoin “pulls the rug out from below” current builders constructing issues.
Does Jimmy not perceive how Bitcoin upgrades work? Now we have been utilizing softforks for over a decade particularly to handle the priority of backwards compatibility. i.e. with the ability to say with 100% certainty that the whole lot that has been constructed thus far will proceed functioning in precisely the identical method. All upgrades to Bitcoin are opt-in, the whole lot that existed prior will work simply superb and nothing must be modified to assist new performance if a developer or consumer doesn’t wish to.
There may be zero technical foundation to Jimmy’s statements or arguments alongside these strains in anyway. New performance enabling the development of recent protocols or instruments does nothing in anyway to inhibit the continued functioning of pre-existing techniques.
So what’s he saying? To me it primarily seems like an argument for financial protectionism. There may be zero menace, danger, or downside created for pre-existing techniques after an improve aside from the likelihood that superior techniques could possibly be constructed after an improve and customers would select to make use of these as an alternative. That’s the solely coherent argument to be drawn out of these statements.
So are we severely on the level the place “pro-ossificationists” are arguing for protectionist resolution making for current investments in present layers and techniques?
Look ahead to your self and determine: https://www.youtube.com/watch?v=TUO10-HcdvY
This text is a Take. Opinions expressed are fully the creator’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.
