jack mallers
· 104w
fair enough. what are you going to do about the necessary update your node needs or else bitcoin breaks? assume you’ll update that one?
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.