I simply sat down and watched this debate between Jimmy Music and Jameson Lopp on Bitcoin ossification. I don’t even know the place to begin so far as the absurdity and damaged “logic” in each argument Jimmy made on this debate. So I gained’t strive, I’ll deal with one particular line of argumentation he made.
“Cash shouldn’t change, it ought to be predictable.”
He particularly spoke alongside these traces with reference to “letting issues mature” on this area from a technical perspective, and implicitly stating that upgrades to Bitcoin “pulls the rug out from underneath” current builders constructing issues.
Does Jimmy not perceive how Bitcoin upgrades work? Now we have been utilizing softforks for over a decade particularly to deal with the priority of backwards compatibility. i.e. with the ability to say with 100% certainty that every part that has been constructed to this point will proceed functioning in precisely the identical means. All upgrades to Bitcoin are opt-in, every part that existed prior will work simply positive and nothing must be modified to assist new performance if a developer or person doesn’t need to.
There may be zero technical foundation to Jimmy’s statements or arguments alongside these traces in any respect. New performance enabling the development of recent protocols or instruments does nothing in any respect to inhibit the continued functioning of pre-existing techniques.
So what’s he saying? To me it primarily feels like an argument for financial protectionism. There may be zero risk, threat, or downside created for pre-existing techniques after an improve aside from the chance that superior techniques may very well be constructed after an improve and customers would select to make use of these as a substitute. That’s the solely coherent argument to be drawn out of these statements.
So are we critically on the level the place “pro-ossificationists” are arguing for protectionist choice making for current investments in present layers and techniques?
Look ahead to your self and resolve: https://www.youtube.com/watch?v=TUO10-HcdvY
This text is a Take. Opinions expressed are solely the writer’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.
