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1/8) Summary of recent BCH politics:
ABC, the "lead implementation" has been making extremely controversial changes without debate
As announcements instead of proposals
Going so far as to literally state that ABC dictates the consensus rules, ignoring the community & market
ABC, the "lead implementation" has been making extremely controversial changes without debate
As announcements instead of proposals
Going so far as to literally state that ABC dictates the consensus rules, ignoring the community & market
2/8) The first major red flag was the IFP, an attempt to directly pay ABC from the block reward
Changing the underlying economics of BCH
This was met with outrage & was rejected by the community & miners
Laying the seeds for rebellion in the form of BCHN, to compete with ABC
Changing the underlying economics of BCH
This was met with outrage & was rejected by the community & miners
Laying the seeds for rebellion in the form of BCHN, to compete with ABC
3/8) The patern of ego & delusion that enabled this behaviour goes back years
The DAA is a perfect example of this dysfunction, it should have been fixed years ago
Even though there where many proposals, ABC announced their own solution which was technically far inferior
The DAA is a perfect example of this dysfunction, it should have been fixed years ago
Even though there where many proposals, ABC announced their own solution which was technically far inferior
4/8) This united almost the entire community, businesses & miners against ABC
With BCHN even implementing ASERT, the favored DAA proposal instead, guaranteeing a split with ABC in the minority
ABC then without any notice implemented ASERT along with the previously rejected IFP
With BCHN even implementing ASERT, the favored DAA proposal instead, guaranteeing a split with ABC in the minority
ABC then without any notice implemented ASERT along with the previously rejected IFP
5/8) This again united the entire community, bussinesses & miners against ABC with even more fervor
While ABC refuses negotiation or debate, they are locked in to fork themselves out of BCH, completely ignoring any ecosystem input
Acting like a ineffective & mad dictator of BCH
While ABC refuses negotiation or debate, they are locked in to fork themselves out of BCH, completely ignoring any ecosystem input
Acting like a ineffective & mad dictator of BCH
6/8) How could this have happened?
"Power corrupts & absolute power corrupts absolutly"
This is ultimately our fault, most people put in the position @deadalnix was put in would have behaved just as badly or worse
He held up for years even warning us of this danger over time
"Power corrupts & absolute power corrupts absolutly"
This is ultimately our fault, most people put in the position @deadalnix was put in would have behaved just as badly or worse
He held up for years even warning us of this danger over time
7/8) If we want to do better next time, we have to acknowledge the systemic problems that exist & actively guard against them
"Eternal vigilance is the price of liberty"
Fortunately the cult of personality & ideological extremism enabling ABC is limited to just a few people
"Eternal vigilance is the price of liberty"
Fortunately the cult of personality & ideological extremism enabling ABC is limited to just a few people
8/8) This means that we could be facing the most successful split in cryptocurrency history
Where we effectively provide a check against the power of a rogue development team
ABC has created so much bad faith & opposition, that it paradoxically could result in positive outcomes
Where we effectively provide a check against the power of a rogue development team
ABC has created so much bad faith & opposition, that it paradoxically could result in positive outcomes
