#Bitcoin #drivechain debate between Paul Sztorc and Peter Todd at #TABConf 2023

https://youtu.be/KDZi-vtD0qg

Reply to this note

Please Login to reply.

Discussion

Finaly

@/10:20 i think it was a joke, but if accurate explanations need to be entertaining to gather support for changes in bitcoin, we are fucked.

@/23 so if one namecoin is economically insignificant, what would be the impact on bitcoin miners be if there where 200,000 million small insignificant namecoins MM bitcoin right now ?

I really hate this counter-argument because it bypasses the technical argument attempted by using namecoin as an example, and jumps to an economic usecase example. It's like saying planes will never work because birds can't carry human passengers.

@/30 Todd totally misses the jab at equivalence in impact with opentimestamps(his pet project). In fencing that's called "touché". At this point he's already lined up his next counter, based on his poor mental model of the idea, and hasn't integrated ANY of his previous complete misses.

Stick to cock rings Todd ( What i call single use seals for his BDSM fetish)

lol

opentimestamps is pretty cool tho

Yes, and economically insignificant.

@/33 this debate has entered into the Seinfeld "Ehhhh" phase of argumentation. #ManHands

@/34

Todd: DC will add labor for miners, centralizing it more and making it less likely regular people can mine.

Paul: I don't think so, its just a some more software and with bip301 you don't even need extra software for each project. Even without that, the extra fees will more than pay for the small amount of time used to run extra software.

Todd: For 256 different projects ?

Paul: I doubt there will be 256, but even that isn't an upper bound.

Todd *Burning Noises*

@/35

Bitcoin 2008: Fuck the government. Bitcoin is Law without the state !

Bitcoin 2023: I'm being sued by a mad man, maybe your project will also get people sued, let's not do it.

This is why we need DC. Bitcoin innovation will never happen with these pussy's at the helm. Even for self preservation. They would have been the ones telling Satoshi, "Making a new money is "Illegal".

@/38 THOSE OTHER COINS DON'T WANT/NEED BIP300 BECAUSE THEY ALREADY INCREASED THEIR BLOCKSIZE.

DC PRESERVES bitcoins conservatism

@/43 can someone post a video of zside running on a raspPi to end this argument forever please