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 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 regard to “letting issues mature” on this house from a technical perspective, 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 have now 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 the whole lot that has been constructed up to now will proceed functioning in precisely the identical method. All upgrades to Bitcoin are opt-in, the whole lot that existed prior will work simply advantageous and nothing must be modified to help 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 traces in anyway. New performance enabling the development of recent protocols or instruments does nothing in anyway to inhibit the continued functioning of pre-existing methods.
So what’s he saying? To me it primarily appears like an argument for financial protectionism. There may be zero menace, threat, or drawback created for pre-existing methods after an improve apart from the likelihood that superior methods 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 critically 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 determine: https://www.youtube.com/watch?v=TUO10-HcdvY
This text is a Take. Opinions expressed are fully the writer’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.
