BIP-110 was dead on arrival, which is why I never supported it.
We have to face reality: BIP-110 has been a disastrous strategy.
It should only have been launched if Knots nodes were in the majority; you can’t push this through with just 20% of nodes being Knots.
The Bitcoin community is really screwed, and many people don’t even realize it.
The only option is to start with an independent client—one with a cypherpunk ethos above all else and a strong emphasis on promoting privacy and decentralization.
We don’t have that yet, and it’s nowhere near happening.
We have to face reality: BIP-110 has been a disastrous strategy.
It should only have been launched if Knots nodes were in the majority; you can’t push this through with just 20% of nodes being Knots.
The Bitcoin community is really screwed, and many people don’t even realize it.
The only option is to start with an independent client—one with a cypherpunk ethos above all else and a strong emphasis on promoting privacy and decentralization.
We don’t have that yet, and it’s nowhere near happening.
3❤️3🤔1🤙🏻1
