Why Nostr? What is Njump?
2023-06-07 15:34:14

Pieter Wuille [ARCHIVE] on Nostr: ๐Ÿ“… Original date posted:2015-05-28 ๐Ÿ“ Original message:On May 28, 2015 10:42 AM, ...

๐Ÿ“… Original date posted:2015-05-28
๐Ÿ“ Original message:On May 28, 2015 10:42 AM, "Raystonn ." <raystonn at hotmail.com> wrote:
>
> I agree that developers should avoid imposing economic policy. It is
dangerous for Bitcoin and the core developers themselves to become such a
central point of attack for those wishing to disrupt Bitcoin.

I could not agree more that developers should not be in charge of the
network rules.

Which is why - in my opinion - hard forks cannot be controversial things. A
controversial change to the software, forced to be adopted by the public
because the only alternative is a permanent chain fork, is a use of power
that developers (or anyone) should not have, and an incredibly dangerous
precedent for other changes that only a subset of participants would want.

The block size is also not just an economic policy. It is the compromise
the _network_ chooses to make between utility and various forms of
centralization pressure, and we should treat it as a compromise, and not as
some limit that is inferior to scaling demands.

I personally think the block size should increase, by the way, but only if
we can do it under a policy of doing it after technological growth has been
shown to be sufficient to support it without increased risk.

--
Pieter
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