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Bitcoin => Press => Topic started by: chmod755 on April 06, 2024, 09:17:23 AM



Title: [2024-04-06] Bitcoin.org Owner Cobra Predicts Next Bitcoin 'Great Divide'
Post by: chmod755 on April 06, 2024, 09:17:23 AM
Bitcoin.org Owner Cobra Predicts Next Bitcoin 'Great Divide'

Cobra, the pseudonymous owner and operator of Bitcoin.org, has predicted the next divide that will plague the Bitcoin ecosystem in the coming times. Cobra explained in social media that this conflict will face ossificationists (people that want Bitcoin to stay as it is), and improvers, who want Bitcoin to improve its focus and functionality.

Cobra Predicts New Bitcoin Conflict

Cobra, the pseudonymous owner of the Bitcoin.org domain, has anticipated what might be the next conflict in the Bitcoin arena. According to him, a conflict that will face two sides to change the face of Bitcoin’s scope and focus is looming and might develop soon.

Cobra believes that this new battle for Bitcoin will face a party that seeks to maintain Bitcoin as it is and another that will seek to evolve Bitcoin to include more features to enhance Bitcoin’s features and functionality.

He classified the first party as “ossificationists,” striving to enable the solidity of the network through stability; and the second party as “improvers,” chasing the evolution and improvement of the network through constant change.

Cobra did not specify if he favored one side or the other. He stated:

Quote
Do we keep Bitcoin stable and secure, and take no risks with further soft forks, or do we continue to tinker and make changes to keep improving Bitcoin?

However, he did state that taking the middle road and trying to experiment with Bitcoin while at the same time striving to maintain the core network unchanged would not work in the long road. “The failure of those experimental components would undermine the entire system. Sure, some protocols can have quirky parts, but not money,” he stressed.

Cobra recognized that ossification would also present problems, as not improving had associated risks. “For example, if there are any cryptographic weaknesses discovered they would need to be fixed,” he detailed.

Before, he had alerted about a leadership crisis in Bitcoin, acknowledging that Bitcoin needed “some kind of revival” because it lacked a unified vision.

Source: https://news.bitcoin.com/bitcoin-org-owner-cobra-predicts-next-bitcoin-great-divide/