Bronek on nostr

The good and the bad about Bitcoin-BLAKE2b The bad: 1. You lose a large part of the network effect. 2. The price probably takes a massive hit initially — potentially 80–99%. 3. You lose access t...

Bronek @Bronek 1786990196

I dont understand the argument that Bitcoin is captured. If bip-110 had 15% nodes of the network forcing soft fork on mining pool and the rest was not runing nodes that where forcing bip-110. How is that showing that, bitcoin is captured by centelized mining pools who decide what for get green light? If 85% of the Network didnt run bip-110 it seems to me like consensus working the way it was designed. Plese explain me if my understanding is not correct.

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Tauri | Bitcoin BLAKE2b (XBT) · 3w

I hope this helps you understand: nostr:nevent1qqsxhulyzdgvrwkmh7mr4gcrdvu0t0dmzqp27k75xgjv9x89c225zccprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnsz9thwden5te0wfjkccte9ekk7um5wgh8qatzqgsrzsrjc9h6jse7zd60vtjmqtypvw2xa55c48x78v25...

GuyFawkes · 1w

We can explain it to you, but we can understand it for you.

mleku · 1w

blockstream controls the majority of bitcoin core devs. surprisingly, bitcoin core devs promote policies that blockstream favors. and saylor and a whole cadre of influencoors strangely also promote the same positions. you could accuse conspiracy theory bout you could also just say that they know wh...