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Question: Do you trust core?
yes - 28 (52.8%)
no - 25 (47.2%)
Total Voters: 53

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Author Topic: Do you trust core?  (Read 2636 times)
hv_
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July 03, 2017, 05:18:35 PM
 #61

... And more shit here

https://bitcointalk.org/index.php?topic=1999889.0


Others can tell me what is next. A SW REKT threat or is there dispute?

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Happydd
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July 03, 2017, 05:21:32 PM
 #62

seriously, do you trust what they tell you?

I have never doubts bitcoin core, however, we should know that the ability of a currency is always limited, Core can not meet current market demand, that is why it needs Some changes Everyone's consensus will be to create a nice bitcoin, but if it's deprecated and branched, the bitcoin may collapse....
mtnsaa
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July 03, 2017, 05:30:48 PM
 #63

I'm not a big Bitcoin guy, nowhere near a maximalist or similar, sometimes I don't even hold Bitcoin, only use it when needed like trading but this situation it's just sad honestly, especially how fragmented it all become. I know many still assume Bitcoin will not die and it will recover, that's fair enough. But I don't think it can come back from this amount of animosity that installed among the most important players. We have a big civil war in our hands and it's really a shame that they can all cooperate together.

Some months ago I was sure a resolution would come but lately I'm even wondering what is "Bitcoin" and in case of a split (or many) which side will claim its name and brand, that's all that matters to the public. They all have a right to be called Bitcoin right? Imagine the public reaction to that, do you honestly think it can recover from that? Ethereum and Ripple have no governance problems at the moment and they will suffer in terms of price in the short term but at least they will learn to avoid from this in the future. Tezos is actually trying to solve self governance. Others like Antshares/NEO follow the Hyperledger DPOS system where forks/splits are not possible.

Even if I'm not a big Bitcoin guy like I mentioned, I wouldn't want an scenario like this to happen, it's a bad image for the whole industry/market.
DooMAD
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July 03, 2017, 06:38:39 PM
 #64

Ethereum and Ripple have no governance problems at the moment and they will suffer in terms of price in the short term but at least they will learn to avoid from this in the future.

That might be glossing over recent turbulent history just a little, heh.  Ethereum has no governance problems in the sense that it has already split into two and those who couldn't reconcile their differences no longer have to.  If it hadn't separated into ETH/ETC as it did, there would almost certainly still be a problem.  Perhaps there is an argument to be made that Bitcoin would have fared better to do likewise before now, or may fare better to do so in the near future, but there's no way of knowing for sure.  Without both scenarios actually playing out, we can't tell if it's less damaging for the debate to rage on in stalemate or to force a divisive split and let the chips fall where they may.  Hopefully we reach a compromise soon and avoid finding out what effect a split would have.
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July 04, 2017, 07:14:58 AM
 #65

we should review this 'trust' and differentiate to distinct terms like

I full trust in core - keeping the network up and running. They have done a great job here over many years in monitoring and fixing bugs. They know how to MAINTAIN.

I full trust in core's technical expertise and coding capabilities - they know their job.

I partially trust that they can sort out and filter all the ideas coming up and to them all day.

I less trust that they oversee all the economic impacts on these decisions they still are in charge.

I.o. to relief core's burden a bit - we need multiple clients here - market / economical decisions no single entity is able to define in FRONT and predictions here are normally wrong and we all are personal victims of prediction errors.

I'm happy if we have business here like blockstream and other comps concentrating on their 'duties' posted in their naming (and transparent agendas). Blockstream should be only responsible for streaming correctly the blocks - not more   Grin

Carpe diem  -  understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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