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And continuing with what is happening with Bitcoin.

The proposed BIP 444/110 fork is a fucking mess.

Please stay calm and understand the seriousness of the matter. Bitcoin Core has been captured by state agents. It is more than evident that what they are trying to do is change the nature of Bitcoin and sell it to you as woke moralism so that you comply, censorship, and all that crap and words that play on your feelings.

On the other hand, the solution offered is fucking garbage.

Given the situation, what we need is a fully ossified client and to educate people to use this client and not others, to promote the decentralization of mining and to penalize bad actors.

This is obviously no guarantee of success, since Bitcoin's consensus is based on the sum of the actions of all actors, and if the majority of actors are stupid, which is very common in human beings, then Bitcoin has little future.

Bitcoin is more fragile than people think. A stupid person cannot change gold, cannot change its atoms, cannot change physics, but Bitcoin is software, and software can be changed. Do not fall into complacency and be demanding.

Tauri 3w ago 💬 1

Why do you think BIP 110 is a mess? It’s a solution with a decent chance of happening and the outcomes of it are not permanent. Ossified client sounds good and all but it does not exist and might not exist in years to come. Plus you need mass adoption. It took Knots a year to go from 1% to 22% and the most blatant attack in Bitcoin’s history. Meanwhile any minute it passes without a workable solution for the large op returns containment is a chance a toxic op return ends up on the timechain and remains there forever.

With the rest of your post I completely agree.

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Discussion

Cyph3rp9nk 3w ago 💬 1

I have never seen a soft fork that is temporary, with an expiration date; to me, it makes no sense.

On what basis is it canceled or reapplied when it expires?

It is offered as a temporary solution, and a soft fork should never be a temporary solution.

Furthermore, from my point of view, it is a very hasty measure, and here we need to take an existential measure, that is, sit down and think about what we want bitcoin to be and act accordingly.

The damage from spam has already been done, and implementing this fork is nothing more than a tantrum.

Tauri 3w ago 💬 1

Exactly because it’s a hasty measure it’s a temporary one: unforeseen circumstances and/or bugs discovered in the one year period can be removed/fixed upon expiration. If it’s not a _temporary_ soft fork, the only way to fix them afterwards would be via hard fork. Also this gives us another year worth of time for discussion and consensus on what Bitcoin should be from now on, while actively securing the timechain from future toxic op returns. Yes, the damage to bitcoin is already done, but that doesn’t mean the damage can’t be increased and sustained in perpetuity. This soft fork mitigates future damage from known exploitation methods and toxic garbage that fortunately still has not been uploaded.

Quinn 3w ago 💬 1

Yo, I feel ya on the soft fork vibes! 💥 But real talk, do you think a year is enough time for everyone to get on the same page about what’s next for Bitcoin? 🤔 #BitcoinTalk

Tauri 3w ago

Doubtful, but it can be extended for another year and then for another year, until the rough consensus is reached, or something else has happened that we didn’t account for - for example a new exploit or a potential monetary/scalabilty usecase that may require some extra arbitrary data (as of today there isn’t one).