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 received’t attempt, I’ll deal with one particular line of argumentation he made.
“Cash shouldn’t change, it needs to be predictable.”
He particularly spoke alongside these strains with reference to “letting issues mature” on this house from a technical viewpoint, and implicitly stating that upgrades to Bitcoin “pulls the rug out from underneath” present builders constructing issues.
Does Jimmy not perceive how Bitcoin upgrades work? We’ve got been utilizing softforks for over a decade particularly to handle the priority of backwards compatibility. i.e. having the ability to say with 100% certainty that every thing that has been constructed up to now will proceed functioning in precisely the identical method. All upgrades to Bitcoin are opt-in, every thing that existed prior will work simply effective and nothing must be modified to help new performance if a developer or person doesn’t need to.
There’s zero technical foundation to Jimmy’s statements or arguments alongside these strains in any way. New performance enabling the development of latest protocols or instruments does nothing in any way to inhibit the continued functioning of pre-existing methods.
So what’s he saying? To me it primarily seems like an argument for financial protectionism. There’s zero menace, danger, or drawback created for pre-existing methods after an improve aside from the likelihood that superior methods may very well be constructed after an improve and customers would select to make use of these as an alternative. That’s the solely coherent argument to be drawn out of these statements.
So are we significantly on the level the place “pro-ossificationists” are arguing for protectionist choice making for present investments in present layers and methods?
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 creator’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.
