BitMEX Research new client (Bitcoin BitMEX Research client)

[vit05]

https://github.com/BitMEXResearch/bitcoin

BitMEX Research is announcing a new client to compete with Bitcoin Core, Bitcoin BitMEX Research. Since it is a software fork of Bitcoin Core, it carries none of the risks of not being bug for bug compatible, like Satoshi was concerned about. The BitMEX Research client also doesn’t change Bitcoin’s consensus rules, so the concerns about contentious chainsplits do not apply. Therefore, if the Bitcoin Core repository gets hijacked or deleted, the codebase can still improve using the Bitcoin BitMEX Research client or any other set of clients.


The truth is, as hard as it is to appreciate, end users are ultimately in charge of Bitcoin.

https://blog.bitmex.com/


Similar Discussion = why is core development and hosting centralized?

Furthermore, Bitcoin Core uses a deterministic build process. This means that anyone can build the same code again using that build process and get exactly the same binaries. Before releases are officially announced and published, multiple people perform these deterministic builds and the hashes of their results are checked to make sure that everyone has built the same binary. These hashes, and GPG signatures over the hashes, are all available here: https://github.com/bitcoin-core/gitian.sigs. If you don't trust the uploaded binaries, you can check it's hashes against those from the other deterministic builders and the GPG signatures of people who did the deterministic build. Lastly, you can do the build yourself and check that what you built matches what was published.

                              ONLY 16% of "cryptocurrencies" are fully decentralized!!

To play devil's advocate, couldn't we question Bitcoin's own state in this regard?  Isn't the hashing power controlled by the three largest pools (cumulatively over 50%)? This needs to be substantiated, but I am suspicious of it.  That would also describe a apparent 'oligarchy', just as for those others.

Some people continue to confuse what decentralized means. Having a great influence does not mean controlling.

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[bob123]

I'd be careful with using the full node BitMex is going to publish..
I don't really see the necessity. Especially not with their explanation. "Centralization" of bitcoin core is a bad argument. It is not like we are still in the internet of 1990..


Generally, more different clients are better. So overall this should be 'nice', i guess. 

But somehow i don't trust them enough to run their full node without either inspecting the code myself (which will be inefficient and not feasible) or until multiple positive code review have been done.

I am interested to see how this works out and if their client will get accepted at all. Core is by far the most used full node, and this probably won't change in the next few years.

[DooMAD]

I'm curious to see how often this BitMex repository will be updated.  While it might have been a perfect mirror at the time it was forked, the Core repository is already quite far ahead in terms of latest commits.

[rifiuti]

I'm even more curious to know why Bitmex decided to push something like this. Super super weird.

[mattcode]

What features do they plan to add?

[DooMAD]

What features do they plan to add?

None.  They don't want to add anything, apparently.  It's intended to be a mirror, or backup, in case something goes wrong.  Think of it as a safety net if that helps.