Replying to Avatar Jonathan

The whole Bitcoin Core op_return fiasco has laid bare how horrifically centralized the Bitcoin ecosystem really is. Bitcoin Core is the only really viable implementation of Bitcoin. This may be the biggest threat to Bitcoin right now. We need different node implementations in different languages with different architectures made by totally different people.

The fact that the only real alternative to Bitcoin Core is Bitcoin Knots which is just a fork of Core except with one guy yoloing commits should be embarrassing.

This is the biggest threat to Bitcoin and the only solution I see is for companies which rely on Bitcoin to sponsor developers to work on different implementations.

That’s my rant for the day.
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Mathew Joseph 7mo ago 💬 1

Interesting take… need to do some research and also see what the Saylors and Mallers of the world are saying about this

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Jonathan 7mo ago 💬 1

From what I can find online, MicroStrategy and Strike have precisely zero developers and zero grants to help with open source Bitcoin development.

This seems nuts to me. They have billion dollar investments in Bitcoin and have no devs working for them to improve Bitcoin. All Saylor can do is whine because he’s not paying anyone to create an independent node implementation.

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Mathew Joseph 6mo ago

I agree - there should be multiple Bitcoin dev teams competing to build the best version of Bitcoin which would be determined by node operators / miners.