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 start out so far as the absurdity and damaged “logic” in each argument Jimmy made on this debate. So I gained’t attempt, I’ll concentrate on one particular line of argumentation he made.
“Cash shouldn’t change, it needs to be predictable.”
He particularly spoke alongside these traces with regard to “letting issues mature” on this area from a technical perspective, and implicitly stating that upgrades to Bitcoin “pulls the rug out from below” current builders constructing issues.
Does Jimmy not perceive how Bitcoin upgrades work? We’ve 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 up to now will proceed functioning in precisely the identical approach. All upgrades to Bitcoin are opt-in, every part that existed prior will work simply high-quality and nothing must be modified to help new performance if a developer or person doesn’t wish to.
There’s zero technical foundation to Jimmy’s statements or arguments alongside these traces in any respect. New performance enabling the development of latest protocols or instruments does nothing in any respect to inhibit the continued functioning of pre-existing programs.
So what’s he saying? To me it basically seems like an argument for financial protectionism. There’s zero menace, danger, or downside created for pre-existing programs after an improve aside from the chance that superior programs could possibly 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 current investments in present layers and programs?
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.
