hampus on Nostr: When Satoshi first released Bitcoin, he was out to fix the Byzantime Generals Problem ...
When Satoshi first released Bitcoin, he was out to fix the Byzantime Generals Problem and he did that by PoW and a public ledger (the blockchain).
But he put out an imperfect protocol. It's not practically possible to fix everything all at once.
The first comment about Bitcoin by another person was about its problematic relationship with scaling.
Therefore the idea that Bitcoin is perfect “just the way it is” is a flawed concept.
We should strive to improve bitcoin by adding technology that helps for scaling, privacy and other things.
Bitcoin is not perfect.
Published at
2023-02-22 15:59:37Event JSON
{
"id": "83c00f174a3acbe5eaadb574a361687be88be8cc039c7bf970bfafa1c81bbbf2",
"pubkey": "65594f279a789982b55c02a38c92a99b986f891d2814c5f553d1bbfe3e23853d",
"created_at": 1677081577,
"kind": 1,
"tags": [],
"content": "When Satoshi first released Bitcoin, he was out to fix the Byzantime Generals Problem and he did that by PoW and a public ledger (the blockchain).\n\nBut he put out an imperfect protocol. It's not practically possible to fix everything all at once.\nThe first comment about Bitcoin by another person was about its problematic relationship with scaling.\nTherefore the idea that Bitcoin is perfect “just the way it is” is a flawed concept.\n\nWe should strive to improve bitcoin by adding technology that helps for scaling, privacy and other things.\nBitcoin is not perfect.",
"sig": "a4f352036776cbd6aa570419a57ba160d9cc6b4dabf6e8be806eefb3cefe0004f44af03976c81164f293c278369e3c0ce04fe662d9e075a7e0f6a93b136d9ed4"
}