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danstr.com #Dan

Still looking

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Why are you there?

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Didn’t get anything

What Happened At The Satoshi Roundtable (2016)

https://medium.com/the-coinbase-blog/what-happened-at-the-satoshi-roundtable-6c11a10d8cdf

> A number of meetings took place between core developers, miners, and CEOs of Bitcoin companies. As you’re aware, there is a large disagreement about how bitcoin should scale right now. On one side you have the core developers who have concerns about how on-chain scaling will impact decentralization. On the other side you have most bitcoin companies who want growth. The miners are sort of caught in between and are split. I think the organizers of the conference were hoping for some sort of consensus (like what happened in Hong Kong), however it became clear by the end that the divide was too great. The conversations initially focused on various compromises to kick the can down the road on scalability. But as the conversations went on, I became less and less concerned about what short term solution we pick because I realized we all had a much bigger problem: the systemic risk to bitcoin if Bitcoin Core was the only team working on bitcoin.

The Centralisation Of Mining Rewards - The Bitcoin Manual

https://thebitcoinmanual.com/articles/centralisation-mining-rewards/

> Bitcoin has no shortage of critics, always looking to pick apart the network and find issues with it; these concerns can come from inside the community of those actively working in the space or from outsiders who feel that Bitcoin is just another meme coin that’s boiling the oceans. Attacks on Bitcoin are always a good thing; there is no point in claiming the network is anti-fragile unless it can actually resist attack, and there is no point in promoting decentralisation when centralising factors influence the network. Recently, some information regarding Bitcoin’s decentralisation came to light, as news surfaced that a single custodian controls the Coinbase address for nine of the largest mining pools.

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