I simply sat down and watched this debate between Jimmy Tune and Jameson Lopp on Bitcoin ossification. I don’t even know the place to begin so far as the absurdity and damaged “logic” in each argument Jimmy made on this debate. So I received’t strive, I’ll give attention to one particular line of argumentation he made.
“Cash shouldn’t change, it needs to be predictable.”
He particularly spoke alongside these strains with regard to “letting issues mature” on this house from a technical viewpoint, and implicitly stating that upgrades to Bitcoin “pulls the rug out from beneath” current builders constructing issues.
Does Jimmy not perceive how Bitcoin upgrades work? We’ve got been utilizing softforks for over a decade particularly to handle the priority of backwards compatibility. i.e. having the ability to say with 100% certainty that every thing that has been constructed up to now will proceed functioning in precisely the identical approach. All upgrades to Bitcoin are opt-in, every thing that existed prior will work simply effective and nothing must be modified to help new performance if a developer or person doesn’t wish to.
There may be zero technical foundation to Jimmy’s statements or arguments alongside these strains in any way. New performance enabling the development of recent protocols or instruments does nothing in any way to inhibit the continued functioning of pre-existing programs.
So what’s he saying? To me it basically appears like an argument for financial protectionism. There may be zero risk, threat, or drawback created for pre-existing programs after an improve apart from the likelihood that superior programs may very well be constructed after an improve and customers would select to make use of these as a substitute. That’s the solely coherent argument to be drawn out of these statements.
So are we significantly on the level the place “pro-ossificationists” are arguing for protectionist determination making for current investments in present layers and programs?
Look ahead to your self and determine: https://www.youtube.com/watch?v=TUO10-HcdvY
This text is a Take. Opinions expressed are completely the creator’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.
