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techfeudalist
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Blessed by tech; working to bring the benefits to everyone. Freedom, incorruptible money, privacy.

Thank you. Part of me thinks that that the block subsidy in segwit created an incentive for non-financial data and thereby increases the risk of MEVil. Would you agree with that?

It’s remarkable that you decided to respond with derision to my post asking for the parties to deescalate.

Tony, you could be the poster child for the concerns those people have. You were funded first by Ten31 and then a few months later by OpenSats. One of your investors, NVK, is on the board of OpenSats.

https://opensats.org/blog/bitcoin-grants-july-2023?ref=blog.mutinywallet.com

Those people are raising concerns that this whole arrangement has the appearance of a conflict of interest, specifically that sometimes OpenSats, the community charity, appears to be boosting the private investments of Ten31.

I’m a self-sufficient dev and have no dog in this fight. I was just hoping that the parties would simmer down the language and find ways to make the community stronger.

I’m not sure why you think *I’m* in a position to do anything.

I’m just sitting here watching two sides at each other and was hoping the issue would deescalate, but instead just saw you and ODELL lob a passive-aggressive, inflammatory post into the crowd.

My point was that it seems a bit counterproductive. 🤙

The “we’re not as bad as those other guys” is probably true but not really going to convince those who are idealistic and believe there is a problem and that more could be done.

IMHO, the best way to respond to these concerns is to acknowledge that those people are being heard and ask for concrete ways to improve. Who knows. Maybe some of their suggestions are doable.

I don’t know if you meant it, but you’re implying those people are naive and not humble nor grateful. Doesn’t seem productive if we’re trying to build community.

I appreciate the debate but IMHO it’s important to avoid personal attacks. Consider whether the label “troll” is appropriate when there seems to be a honestly held position.

Exactly, when that node breaks, he’ll be forced to update back to Core. Core has a monopoly which is why there is no free market choice in this ecosystem.

Core devs are a single point of failure. If we’re honest with ourselves, they are a great blessing but also the greatest existential risk we have.

It’s not a theoretical risk either. They messed up segwit by creating an incentive for non-financial data and now we have 4MB blocks with spam JPEGs.

Lines of code == bugs. And even big free code (like segwit) can mess up the network dynamics.

We need to respect the core protocol and be very very careful with changes.

Perhaps you’re overlooking the fact that the core devs messed up. By reducing the fee for segregated witness data, they inadvertently created an incentive for non-financial data. Now we have 4 MB blocks filled with spam jpegs.

Has there been a post mortem or any accountability?

As you know, lines of code == bugs and even bug free code (like segwit) can change network dynamics.

Ethereum is another good example of what happens when devs are given free reign to make whatever changes they want.

We’re playing the long game here. IMHO we shouldn’t allow any further changes to the core for 10 years and just do maintenance.

By that time, any good ideas will be well tested outside of core and we can have a better sense of their possible side effects.

Replying to Avatar Noshole

😂 yes, sometimes I can be!

Replying to Avatar Noshole

This is a fun meme, but starts from the premise that, like socialists, we have an entitlement to Saylor’s money. Saylor should give his money to us.

Saylor raised some real issues with how the protocol is at risk. Memes like this make it seem like it’s a simple binary choice which unfortunately is not accurate.

Yes, from special interests who use their proximity to the money printer to control policy.

Do you believe your govt represents you and generally take action to further the best interests of you and your family?

It still feels like we don’t have easy solutions for the $5 wrench attack and inheritance.

Setting up decoy wallets adds a bit of complexity to an already complex process.

Also, haven’t found an easy way to get bequests to beneficiaries in a private way.