“He genuinely believes we should discuss this possibility, in part to remind miners that we’re all in this together and its much better for everyone if we continue to move forward with consensus. However, Peter Todd emphasized that the statement of Dashjr was genuine and he truly believes a PoW change will reduce mining centralization. So do not worry, i have no intention of merging such a thing,” he said.īecause of Wuille’s view towards Dashjr’s proposal, an increasing number of bitcoin enthusiasts have begun to criticize Dashjr for purposely creating controversy in the Bitcoin community. Tuur Demester found an interesting part in this interview where Dr. Venture Capitalists including Nick Tomaino believes the Bitcoin Core team is the most talented development team in the world. In this interview he discusses who the top Bitcoin developers are and why. Yet, ever since the introduction of Bitcoin in early 2009, the Bitcoin Core team has managed to sustain around 90 percent of miner and community support with innovative solutions and cautious development approach. Miners can still activate the change before it is automatically locked-in on the network, but approval from miners is not required.
however, i think that it is clear right now that switching PoW would be way harder to get consensus on than other things that are being debated. Adam Back has been involved in serious cryptography deployments for decades. As an alternative, Bitcoin Core could turn to BIP 8, which is a variation of BIP 9 from pseudonymous developer Shaolin Fry that eventually activates a soft-forking change whether miners have signaled for it or not. “As mining is an expensive choice for the ecosystem, and its only purpose is avoiding central control and censorship in a highly centralized mining ecosystem, you get the coss without the benefits.
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