I simply sat down and watched this debate between Jimmy Tune 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 received’t attempt, I’ll concentrate on one particular line of argumentation he made.
“Cash shouldn’t change, it ought to be predictable.”
He particularly spoke alongside these traces with regard to “letting issues mature” on this house from a technical viewpoint, and implicitly stating that upgrades to Bitcoin “pulls the rug out from below” present builders constructing issues.
Does Jimmy not perceive how Bitcoin upgrades work? We now have been utilizing softforks for over a decade particularly to deal with the priority of backwards compatibility. i.e. having the ability to say with 100% certainty that all the things that has been constructed thus far will proceed functioning in precisely the identical method. All upgrades to Bitcoin are opt-in, all the things that existed prior will work simply positive and nothing must be modified to help 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 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 primarily feels like an argument for financial protectionism. There may be zero menace, danger, or downside created for pre-existing programs after an improve apart from the likelihood that superior programs might 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 significantly on the level the place “pro-ossificationists” are arguing for protectionist choice making for present 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 totally the creator’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.
