Why Nostr? What is Njump?
2024-04-12 10:39:36

mykopikid on Nostr: This is a very reasonable and responsible view towards bitcoin development. ...

This is a very reasonable and responsible view towards bitcoin development.
I’m leaning towards the ossification camp because somehow a blocksize increase that enabled ordinals snuck through in segwit without community consensus.

Nobody had a discussion about ordinals while building segwit. This indicates that core devs released technology which they didn’t fully understand.

I’m in favor of unrestricted development in the bitcoin ecosystem outside of core. But Core’s design philosophy is wrong. They shouldn’t be releasing unbounded powerful new technologies with use cases they don’t fully appreciate. Instead, they should be developing for specific use cases that the community wants with the most limited code changes to enable those limited use cases.

Another example, we shouldn’t be discussing covenants (where we don’t fully understand how they could be used). We should pick the top use cases we want from covenants and build just those.

Code equals bugs, and even bug-free code can change network incentives.

This problem is magnified by the fact that Core development is our single biggest centralized point of failure. As much as we tell ourselves that we have choice in what software to run, if we’re honest, we need to admit that this isn’t completely true.

It seems there is a lot of “trusting” going on and not enough “verifying”.
Author Public Key
npub1rwep9zudeedgxu55v28s5t2tv3ud3se606rvdrnxsmjvcar0yx4smyq2h4