Damus
Lyn Alden profile picture
Lyn Alden
@LynAlden
I know it’s popular to be all-in on moral panic these days, but I think Bitcoin is in a good technical place right now. I’m bullish.

I think Core devs are doing good work. And I’m glad that people can run Knots or otherwise fork if they don’t like Core. That’s part of what makes Bitcoin robust, and gives useful market/adoption signals.

Mining pool centralization isn’t great, but there are plenty of optional tools to use more if it interferes more with the network, and economic signals (eg the possibility of high fees for censored transactions) exist for precisely that context, to help it get unstuck if it gets stuck.

I think current functionality is great, but I also think CTV+CSFS is a sensible upgrade on top of that if folks end up coalescing around it.

Sometimes the sun is out. ☀️

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Moid · 40w
Perhaps we all have PTSD? 😂 Let's be honest, when you spend over a decade fighting your corner from all angles, everything starts to look like a threat.
MrTea · 40w
I think this is true. I also think the #1 threat to Bitcoin today is core devs being co-opted. Even if you don’t agree that’s what happened with opreturn, it highlights what could happen with more controversial changes.
Junghwan · 40w
Core smells really bad lately. Run Knots and we're all good 👍
Chad Lupkes · 40w
At least it's not another hard fork...
curt finch · 40w
Totally agree with the sentiment Slow and steady winds the chain
Reza · 40w
Isn’t it that if the majority of nodes reject a block, the miners won’t get to put it in the blockchain ?
TheBitcoinBattery · 40w
Mining pool centralization is something that's been on my mind lately. I have an idea on what might work to decentralize mining which I've written in this post, although I'm admittedly not a developer so I don't even know if it would be able to be coded. Would love your opinion on it! nevent1qqsz6h...
Martin Mladenov · 40w
I share your optimism about Bitcoin’s current state. The Core developers are doing solid work, and the ability to run Knots or fork the codebase ensures Bitcoin remains resilient and responsive to community needs. While mining pool centralization is a concern, the network has mechanisms like fee ...
alphabet · 40w
I totally agree with you. I’ll repost this in Korean.
Mentat · 40w
Lyn, I have the utmost respect for you and your opinions. I find you deeply thoughtful and thorough. My questions to you are how do you square with the fact that Core Devs have deleted dissenting voices on the GitHub? And that they allegedly are pushing this change out in an unprecedented fashion?...
cipher · 40w
since you are expert and said bullish then i am bullish too .
LeviJohnson.net · 40w
Good luck with that.
J B · 40w
I totally and whole heartedly disagree with the "if you dont like core then fork off" mentality. That is not what makes bitcoin decentralized. What makes bitcoin decentralized is not having to agree with Core, not having to run their software while still remaining on chain. If you create an ecosys...
Bewlay · 40w
You’re inside the castle watching the drawbridge being pulled up. “So long suckers.”
Alik · 40w
Silencial Payments. Bitcoins will be like gold. Más no menos, menos no más. SI HACE MENOS NO MÁS MEJOR. Vamos a intentarlo en Eurvpa. La jk es i. La ge es o. Me han dado drogas malas, él pis si está ilsvx más o menos va y tira bien. En él pecho, eeeeeeeee. Polio… by the medics, psychriaty. ...