Joe Li₿ertarian on Nostr: After listening to TheGuySwann talk about #drivechains recently, I think I agree with ...
After listening to
TheGuySwann (npub1h8n…rpev) talk about #drivechains recently, I think I agree with his perspective.
The concept of miners voting for other coins is antithetical to the basis of Bitcoin's consensus mechanism. Human action means backing up your beliefs by taking making a clear decision. Voting is fine for unimportant things because it's a flawed a manipulatable system.
Committing to one path or another is how real value is determined. Anything less is sitting the fence. I don't have the technical background on this topic, but these decisions should be based on first principles.
What do y'all think? Is there something that I'm missing or am I completely off base in my logic?
#bitcoin #scaling #asknostr
Published at
2023-08-29 15:17:41Event JSON
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"content": "After listening to nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev talk about #drivechains recently, I think I agree with his perspective.\n\nThe concept of miners voting for other coins is antithetical to the basis of Bitcoin's consensus mechanism. Human action means backing up your beliefs by taking making a clear decision. Voting is fine for unimportant things because it's a flawed a manipulatable system.\n\nCommitting to one path or another is how real value is determined. Anything less is sitting the fence. I don't have the technical background on this topic, but these decisions should be based on first principles.\n\nWhat do y'all think? Is there something that I'm missing or am I completely off base in my logic?\n\n#bitcoin #scaling #asknostr",
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