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 attempt, I’ll deal with one particular line of argumentation he made.
“Cash shouldn’t change, it needs to be predictable.”
He particularly spoke alongside these traces with reference to “letting issues mature” on this area from a technical standpoint, and implicitly stating that upgrades to Bitcoin “pulls the rug out from beneath” present builders constructing issues.
Does Jimmy not perceive how Bitcoin upgrades work? We now have 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 little thing that has been constructed so far will proceed functioning in precisely the identical approach. All upgrades to Bitcoin are opt-in, every little thing that existed prior will work simply nice and nothing must be modified to assist new performance if a developer or consumer doesn’t wish to.
There’s zero technical foundation to Jimmy’s statements or arguments alongside these traces 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 feels like an argument for financial protectionism. There’s zero risk, threat, or downside created for pre-existing techniques after an improve apart from the chance that superior techniques may very well 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 significantly on the level the place “pro-ossificationists” are arguing for protectionist choice making for present investments in present layers and techniques?
Look ahead to your self and resolve: https://www.youtube.com/watch?v=TUO10-HcdvY
This text is a Take. Opinions expressed are fully the creator’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.
