" Segwit completely abandons Bitcoin's security model." Yeah I read your article. I don't buy It. I'm having other devs do analysis of it now. Ofcourse, that's part of the challenge, those that can't read the code well enough need to rely on interpreters.
Satoshi is gone. And he was human. He made the mistake of not putting a time lock release mechanism on the block size for example. He probably made other mistakes. Everyone does.
I'll do some name dropping too. Nick Szabo " Coffee Chain TM does not need 'hi as fuck security," to paraphrase a it. Here's a related one.
Adam back is also clearly on the core side, he pretty much invented proof of work.
How do you demonize Adam Back? See there's legends on the other side, and that means a level of confidence that is very visible in the price. Tho we'll see what happens in November. I was pissed I think they should just Hard fork to 2mbs and cut the bullshit. 92% is amazing.
I'm all for innovation, I agree that some kind of emergent consensus is worth exploring, though you still don't have incentives for full nodes on Bitcoin Cash, so its still gonna be less stable the DASH probably.
Let me ask you something.
Is Bitcoin Core's open source development process, meritocratic? If not, how is Bitcoin Cash doing it better?
As far as censorship. The big blockers have had a competitive reddit, and Bitcoin.com publishing for years now. There's hardly censorship anymore. fuck its the time and space with the most freedom of speech ever imaginable in history, The internet, in englisn on western nations.
Ppl need to stop crying victim so much and start competing on the media front if they really have such good arguments and positions.
As far as this.
"The goal of segwit is to change Bitcoin's open protocol nature where all transactions which appear valid are accepted, to a closed protocol where all transactions, legitimate or not, are potentially valid, based on subjective approval of the miners."
As far as this, if it is true then I will join you in denouncing it. If it is really as you put it. But you understand I cant just trust u on something that important. So im having others analyse it. when I have a clear enough picture I'll make an article responding to this.
So what you are implying with your argument is because Satoshi was human Bitcoin was a mistake.