And Bitcoin is going crazy. 9K by the end of the day?
I wouldn't prefer that although this spike is a sign of confidence, i.e. nobody wanted the 2x garbage.
Im sure they knew they would cancel it a couple of days ago and already low key bought the dip to deliver the news now. Well, at least they did (were forced to) do the right thing.
They are trying to avoid as much humiliation as possible.
Now the best part is, the community will united once again and we can finally focus on working towards improving Bitcoin and help Bitcoin scale over time.
Next stops: Signature aggregation and MAST.
I think that it's becoming quite obvious that consensus is also important to be drawn from core Bitcoin developers. No "agreement" would get far without support from those that are already standing behind the development of bitcoin.
1) They are the de-facto standard behind Bitcoin.
2) They are almost always right vs. other "developers" (see Hearn, Gavin, Garzik, Zander).
3) They are
cypherpunks and immensely value decentralization, unlike the greedy CEOs that aren't much smarter than your everyday stray.
4) A lot of people support them due to these values, especially the 3rd ones.
Therefore, consensus without them is almost impossible as the community does not want something else.