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 received’t attempt, 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 regard to “letting issues mature” on this house from a technical perspective, 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’ve 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 every part that has been constructed thus far will proceed functioning in precisely the identical method. All upgrades to Bitcoin are opt-in, every part that existed prior will work simply wonderful and nothing must be modified to assist new performance if a developer or person doesn’t wish to.
There’s zero technical foundation to Jimmy’s statements or arguments alongside these strains in any respect. New performance enabling the development of latest protocols or instruments does nothing in any respect 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’s zero menace, threat, or drawback created for pre-existing programs after an improve aside from the likelihood that superior programs 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 critically on the level the place “pro-ossificationists” are arguing for protectionist determination making for present investments in present layers and programs?
Look ahead to your self and resolve: 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.
