Replying to Avatar Cyph3rp9nk

Please, Bitcoiners, stop being so naive.

Do you think the system will give up the goose that lays the golden eggs, which is the fiat system?

Bitcoin is attacked every day by three-letter agencies.

Do you remember why Satoshi disappeared?

Do you remember who Gavin Andresen was?

Do you believe Craig Wright acted alone?

Do you think the block size war was started by mere idiots?

Please, don't be so naive. Where do you think spam is financed from? Do you know how many millions have been spent?

Stop being a child, they are state actors, grow up and take action.
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MikeD 4mo ago

The more I think about it, the more I'm sure a fork will be needed. The exploits must be patched. Better to do it with as short of a timechain as possible

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Cyph3rp9nk 4mo ago

You don't even need a fork; in fact, a fork is unfeasible for both DDoS attacks and spam, but I have to admit that attacks are becoming increasingly subtle.

All of this will end with John the carpenter asking you why he can't run a node with a $1,000 computer, and then you'll know it's all over.

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MikeD 4mo ago

I have to admit, I have no idea what the requirements of a fork would be or what the consequences are. Mythinking is that if Segwit & Taproot have existential defects, they WILL eventually be exploited.

If the reference implementation (Core & associated mining software) allow for the exploit then it's only a matter of time.