it gets more interesting when you look at the sponsors of the devs
there is 3 main sponsors
https://brink.dev/sponsorsChaincodelabs
blockstream
which behind them is the DCG
DCG started with blockstream as the main funder of developers..
after a couple years blockstream founders split off and set up a sister company chaincodelabs
which then they made brink
brink pretends to be an outsider. but then you look at the few top main donators to brink. there is chris hammel of coinbase
then there is the business FTX
forth on list is coinbase again
then we have kraken
which can all be found in
https://dcg.co/portfolio/ list
you see that DCG invented and declares it their product to own Liquid sidechain(via blockstream)
https://dcg.co/portfolio/#band the Lightning network subnet
https://dcg.co/portfolio/#land then you look at the 2 main features that were added to bitcoin since 2015
segwit(needed to create locks to then be reference points to allow sidechains and subnets)
and then there was taproot which allows things that were in liquid
and you will see how as soon as both segwit and taproot got activated , certain devs then 'retired"
sipa (segwit and taproot main coder) also was another one that retired recently.
now what you have to realise is
segwit made promises of more transactions per second on the blockchain. and cheaper fees.
what they actually done was make transaction lengths of traditional formats be counted as 4x he length(weight) thus made a premium cost. where by they then discount the new segwit format by not counting the true length of a transaction..
yep it used to be based on actual bytes not this cludge miscount of vbyte stuff
also when segwit was not going to get its threshold to activate from november 2016-june 2017.. the teams of devs needed to try a new trick.
part of it was the ceo of DCG barry silbert) contacted the main bitcoin merchants and some pools. to create a contract campaign that those merchants want a 2mb block+segwit. where by a dev from Bloq will code this as the compromise.
https://dcg.co/portfolio/#bthis contract petition/campaign was called the NY agreement
https://dcgco.medium.com/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77where by segwit had to activate first to then have a 2mb base block limit for the legacy tx format users.
this however along with the blockstream devs desire to push a mandatory fork that even if the main merchants or mining pools dont have the software to actually support segwit. they need to flag in their blocks that they support segwit or they will have their blocks rejected in july..
which occured and thus by july they got the 100%(yep 100%(impossible in true decentralisation) 100% support to want to activate segwit
oh and the funny part 7 years later
transaction fee's are not cheaper than 2016 levels
https://api.blockchain.info/charts/preview/fees-usd-per-transaction.png?timespan=all&h=405&w=720look at the low fee flatline 2009-2017. and then look at the spikes after 2017 and the low levels higher then the pre2017 flatline
transactions per block are not 2x 4x of 2016 levels
https://api.blockchain.info/charts/preview/n-transactions.png?timespan=all&h=405&w=720look at the amount of transaction in late 2016-mid2017(before segwit activation)
then look at the transactions since.. yep plateau and slightly decending now. not climbing
oh and segwit has not finished because core devs dont care about user utility of segwit to "sign message" at GUI level. they couldnt even finish implementing segwit for actually community use of all the features a transaction can do. all they wanted was the part that allowed the locks to then offramp users away from bitcoin into LN or liquid
and then we move onto taproot. well that helps integrate liquid into bitcoin more.
and as soon as taproot activated. instead of those devs staying to maintain and bug fix their inventions. they decide its time for them to step aside and step down
now thats the politics side certain people want to protect and not have mentioned
the dev politics that has affected the protocol for corporate agenda of DCG
its this messy stuff that has caused social campaigns by the politial dev defenders to shout out how they feel that bitcoin is
'not fit for purpose', to then advertise people should move over and use LN
'cant scale' to advertise LN
'expensive' to advertise LN
'not private' to advertise LN and liquid
yep they are showing how chain analysis is linking peoples use of coinbase kraken, gyfts and many exchanges. to break peoples privacy when transacting bitcoin
well guess who owns chain analysis
yep
https://dcg.co/portfolio/#cso now you can see why core has become a central point of failure in regards to the political decisions of the protocol changes
and its only now that DCG has got the features they want. that they are happy to let bitcoin go a little. but not too much. as they will pretend blockstream are going. but still using the chaincode lab/brink sponsors to appear more decentralising paying for devs salary less directly
again. this is a big reasons we should not be letting core be the sole repository of decision making for the protocol. things really need to become decentralised more
and if you want to look at the other social drama dev politics
again we have bloq another implementation pretending to rival core..
yep DCG own it
https://dcg.co/portfolio/#band guess who worked for bloq
https://www.finextra.com/pressarticle/64273/blockchain-firm-bloq-appoints-gavin-andresen-to-new-board-of-advisorsyep gavin andresen took the job when he started the drama with the scammer..
yep got hired in march 2016 by bloq(dcg) and then retired from bitcoin-qt when it was rebranded to core(blockstream(DCG)who took over the main github from gavin. in may 2016
so it all goes full circle
..
i hope you are now all caught up on all the dev politics of 2015-2022