SV looks destined to be data storage, ABC looks like a next step (but perhaps not the most logical one). The big red flag for me is shrouding of code and patenting on nChain's part.
Thank you for bringing this up. I have seen several debates and Q&A on ABC plans for upgrades ect but hardly anything for SV. Ive only found “sales pitch” style videos for SV.
If anyone has a link they can share of a Q&A style video on SV plans that isn’t a “sales pitch” I would really appreciate it. I’m so confused on what SV actually plans on doing
If you assume that craig/nchain is in control, then just read his twitter feed to learn that they want to recover stale coins, remove P2SH, remove anonymity as a concept.. (cont)
Recovering stale coins is FUD. He means that decades from now, Moore's law will eventually make it financially feasible to brute force "mine" keys encrypted with current algorithms.
sounds more like a threat than FUD...
No, he does want to recover lost coins. The guy is a nut bag, and is as bad for Bitcoin as Core.
There are more than one way to handle that scenario. One could very publicly "sunset" (to use his own words) the systems and then lock them down.
how removing anonymity?
P2SH wasn't part of the original, so it makes sense. All the other things don't make sense at all.
How has not been specified. Just a clarification that they want pseudonymity only because anonymity enables lawbreaking and they want to build to cater to current law.
anyone knows that bitcoin isn't anonymous in it's current form already.
(cont).. implement DSV opcode as a miner-fee code so any use of it on ABC side results in miner fees and lots and lots of other things.
..while still claiming to "lock down" protocol.
I think that may be because it is primarily a sales business, at least judging by their "open positions" (one C+ dev, lots of bureaucracy & sales)
Damn... that sucks. Most I’ve been able to find is Jimmy Nuguyen speeches & Ryan X Charles. Really wish I could learn for than a sales pitch. Like what their Devs have to say.
They know the right things to say, I'll give them that...it doesn't seem to jive with their actions.
Unfortunately charisma only goes so far. Eventually you need some meat to go with the potatoes, so to speak. The lack of open disclosure from SV has been concerning for me.
The beauty with SV is in the lack of plans for significant changes. That is what makes it alluring. Restoration of what was taken away from Bitcoin.
Totally this. The game theory and balancing of incentives/rewards/difficulty was all worked out by Satoshi in 2008. One more fork to uncap the blocksize and tweak the opcodes then done
Maybe its just me but I don't get why the "original vision" is so important. Shouldn't we improve with the times?
What he said. Also the seemingly small changes you make now will have massive consequences down the road. If you wreck the economic structure it will eventually collapse.
The converse is just as applicable, and there is no sure shot way of knowing which will work out
Even if you knew that you actually improved stuff, many people, like merchants need a stable protocol, so they can implement once and then use, it just works.
Absolutely, but it might be too early to focus on stability. I'm of the opinion that it is better to try different things at this stage and focus on stability later on
Why not create a toy coin on which to "try different things"? Inexperienced coders like new cool and exciting stuff that elevates them as early adopters instead of old stuff that works
Thats what almost all the tokens/coins today are, and if it "works" whats the point of any upgrade at all
Restoration of op codes that were removed (and not fixed) because they did not matter. How is that an "enhancement"?
All taken with a grain of salt, but that's what it distills to in my mind: opens source & open contribution is a must.
In essence, leave base protocol untouched. Safely removing limits. Build on top whatever you want.
