📅 Original date posted:2014-03-25
📝 Original message:On Mon, Mar 24, 2014 at 01:57:14PM -0700, Mark Friedenbach wrote:
> On 03/24/2014 01:34 PM, Troy Benjegerdes wrote:
> > I'm here because I want to sell corn for bitcoin, and I believe it will be
> > more profitable for me to do that with a bitcoin-blockchain-based system
> > in which I have the capability to audit the code that executes the trade.
>
> A discussion over such a system would be on-topic. Indeed I have made my
> own proposals for systems with that capability in the past:
>
> http://sourceforge.net/p/bitcoin/mailman/message/31322676/
>
> There's no reason to invoke alts however. There are ways where this can
> be done within the bitcoin ecosystem, using bitcoins:
>
> http://sourceforge.net/p/bitcoin/mailman/message/32108143/
>
> > I think that's fair, so long as we limit bitcoin-development discussion to
> > issues that are relevant to the owners of the hashrate and companies that
> > pay developer salaries.
> >
> > What I'm asking for is some honesty that Bitcoin is a centralized system
> > and to stop arguing technical points on the altar of distributed/decentralized
> > whatever. It's pretty clear if you want decentralized you should go with
> > altchains.
>
> Bitcoin is not a centralized system, and neither is its development. I
> don't even know how to respond to that. Bringing up altchains is a total
> red herring.
>
> This is *bitcoin*-development. Please don't make it have to become a
> moderated mailing list.
When I can pick up a miner at Best Buy and pay it off in 9 months I'll
agree with you that bitcoin *might* be decentralized. Maybe there's a
chance this *will* happen eventually, but right now we have a couple of
mining cartels that control most of the hashrate.
There are plenty of interesting alt-hash-chains for which mass produced,
general purpose (or gpgpu-purpose) hardware exists and is in high volume
mass production.
Troy Benjegerdes [ARCHIVE] /
npub1m6…rdjn5
2023-06-07 17:15:59
in reply to nevent1q…8jdt
Author Public Key
npub1m6p5kgcd428x6pxyfege98zjmlwrdhp0gyz6pdnsvrvalscddnxqurdjn5Published at
2023-06-07 17:15:59Event JSON
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"content": "📅 Original date posted:2014-03-25\n📝 Original message:On Mon, Mar 24, 2014 at 01:57:14PM -0700, Mark Friedenbach wrote:\n\u003e On 03/24/2014 01:34 PM, Troy Benjegerdes wrote:\n\u003e \u003e I'm here because I want to sell corn for bitcoin, and I believe it will be\n\u003e \u003e more profitable for me to do that with a bitcoin-blockchain-based system\n\u003e \u003e in which I have the capability to audit the code that executes the trade.\n\u003e \n\u003e A discussion over such a system would be on-topic. Indeed I have made my\n\u003e own proposals for systems with that capability in the past:\n\u003e \n\u003e http://sourceforge.net/p/bitcoin/mailman/message/31322676/\n\u003e \n\u003e There's no reason to invoke alts however. There are ways where this can\n\u003e be done within the bitcoin ecosystem, using bitcoins:\n\u003e \n\u003e http://sourceforge.net/p/bitcoin/mailman/message/32108143/\n\u003e \n\u003e \u003e I think that's fair, so long as we limit bitcoin-development discussion to\n\u003e \u003e issues that are relevant to the owners of the hashrate and companies that\n\u003e \u003e pay developer salaries.\n\u003e \u003e \n\u003e \u003e What I'm asking for is some honesty that Bitcoin is a centralized system\n\u003e \u003e and to stop arguing technical points on the altar of distributed/decentralized\n\u003e \u003e whatever. It's pretty clear if you want decentralized you should go with \n\u003e \u003e altchains.\n\u003e \n\u003e Bitcoin is not a centralized system, and neither is its development. I\n\u003e don't even know how to respond to that. Bringing up altchains is a total\n\u003e red herring.\n\u003e \n\u003e This is *bitcoin*-development. Please don't make it have to become a\n\u003e moderated mailing list.\n\nWhen I can pick up a miner at Best Buy and pay it off in 9 months I'll \nagree with you that bitcoin *might* be decentralized. Maybe there's a \nchance this *will* happen eventually, but right now we have a couple of\nmining cartels that control most of the hashrate.\n\nThere are plenty of interesting alt-hash-chains for which mass produced,\ngeneral purpose (or gpgpu-purpose) hardware exists and is in high volume\nmass production.",
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