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 strive, I’ll give attention to one particular line of argumentation he made.
“Cash shouldn’t change, it ought to be predictable.”
He particularly spoke alongside these strains with regard to “letting issues mature” on this house from a technical standpoint, and implicitly stating that upgrades to Bitcoin “pulls the rug out from beneath” present builders constructing issues.
Does Jimmy not perceive how Bitcoin upgrades work? We now have been utilizing softforks for over a decade particularly to handle the priority of backwards compatibility. i.e. with the ability to say with 100% certainty that all the pieces that has been constructed so far will proceed functioning in precisely the identical approach. All upgrades to Bitcoin are opt-in, all the pieces that existed prior will work simply high quality and nothing must be modified to assist new performance if a developer or consumer doesn’t need to.
There may be zero technical foundation to Jimmy’s statements or arguments alongside these strains in anyway. New performance enabling the development of recent protocols or instruments does nothing in anyway 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 risk, danger, or downside created for pre-existing programs after an improve aside from the likelihood 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 severely on the level the place “pro-ossificationists” are arguing for protectionist resolution making for present investments in present layers and programs?
Look ahead to your self and determine: https://www.youtube.com/watch?v=TUO10-HcdvY
This text is a Take. Opinions expressed are totally the writer’s and don’t essentially replicate these of BTC Inc or Bitcoin Journal.
