Why Nostr? What is Njump?
2023-06-07 17:38:18
in reply to

prabhat [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-27 📝 Original message:Fine point. So where is ...

📅 Original date posted:2015-08-27
📝 Original message:Fine point.

So where is the solution? What to do?

Prabhat Kumar Singh

Prabhat Kumar Singh


On Thu, Aug 27, 2015 at 6:58 PM, Gavin Andresen <gavinandresen at gmail.com>
wrote:

> Have you talked with anybody at the Bitcoin Foundation about this proposal?
>
> As Chief Scientist of the Foundation, I am strongly opposed to any
> proposal that puts the Foundation in a position of centralized authority,
> so this is unacceptable: "The Bitcoin Foundation will act as fair play
> party and enforcement body to control the misuse of vast financial powers
> which bitcoin has."
>
> The idea that a central organization can be trusted to keep secrets secure
> is just fundamentally wrong. In the very recent past we have seen
> government organizations fail in that task (the NSA, the OPM) and we see
> commercial organizations that SHOULD be highly motivated to do a good job
> also fail (e.g. the Ashley Madison leak).
>
> Even if it were technically possible, I would be opposed because
> decentralization is a bedrock principle of Bitcoin.
>
> --
> --
> Gavin Andresen
>
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Author Public Key
npub1tr4cz9p248prt4sgwzrlkvksg6wrxc89d584alg45t78k0jlfemsdtlgm3