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 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 area from a technical viewpoint, 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 deal with the priority of backwards compatibility. i.e. having the ability to say with 100% certainty that all the things that has been constructed up to now will proceed functioning in precisely the identical approach. All upgrades to Bitcoin are opt-in, all the things that existed prior will work simply high quality and nothing must be modified to help new performance if a developer or consumer doesn’t need to.
There’s zero technical foundation to Jimmy’s statements or arguments alongside these strains by any means. New performance enabling the development of recent protocols or instruments does nothing by any means to inhibit the continued functioning of pre-existing techniques.
So what’s he saying? To me it basically seems like an argument for financial protectionism. There’s zero risk, danger, or drawback created for pre-existing techniques after an improve apart from the likelihood that superior techniques could possibly 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 severely on the level the place “pro-ossificationists” are arguing for protectionist determination 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 totally the creator’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.