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grubles | 4 years ago
Really? He has consistently argued for on-chain scaling and for people to not validate the blockchain state much like Elon Musk, with his seemingly 101-level understanding of blockchains. This post is a strange 180 from Vitalik's usual "do the opposite of Bitcoin because that is good marketing".
Now Vitalik is aware of the importance of running a full node and validating the blockchain state, and how blockchains can't scale, and how keeping blockchain bloat limited to allow easy verification is important? I'm convinced Vitalik has been replaced by some Bizzarro version of himself because of how astonishing this 180 is.
It took creating an entirely new separate altcoin, complete with massive premine for himself, and the greater part of a decade, to finally realize Bitcoiners were right all along.
Such a strange mountain man fantasy!
meowkit|4 years ago
mxd3|4 years ago
"Now I personally can see that it’s not axiomatically true that doing nothing is safest, especially in the context of a changing environment (for example I continue to believe that Bitcoin’s failure to raise its blocksize by a significant amount in 2016–17 was a travesty and a great violation of many people’s expectations of the protocol, and one that led to more total losses due to excess txfees than the amount lost in the MtGox hack), but this is the argument that you need to be arguing against."[1]
[1] 12/26/2018 https://medium.com/@VitalikButerin/he-imagines-a-world-in-wh...
space_rock|4 years ago
unknown|4 years ago
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zionic|4 years ago
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