kenny π©
@kenny
"The person deciding the new EF leadership is me" need a feature where I can go back and drop a screenshot into all the debates I've had on here about BTC vs ETH decentralization
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m_j_r
@m-j-r.eth
https://warpcast.com/m-j-r.eth/0x2529c66b there is no perfect decentralization. we can do much, much better. we shouldn't play messiah's advocate against the good
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kenny π©
@kenny
there's no perfect decentralization but Ethereum is far far on the other end of the spectrum vs BTC Saylor doesn't actually control anything about protocol development there's a hard fork happening in a few months that has Vitalik's fingerprints all over it
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m_j_r
@m-j-r.eth
Ethereum is a focus of that spectrum, but it just simply isn't the polar opposite of BTC. any of the hard forks are constrained to the ACD meetings, and regardless of the downside, it's totally transparent how their bottleneck dictates what they do in realtime. Saylor, like everyone else, is captive to the animal spirits and OG curmudgeons. why would he glare at Scottie Pippen for having fun?
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kenny π©
@kenny
yeah I shouldn't say ETH is polar opposite, it's on the decentralized side of the matrix but I consider BTC the gold standard mainly because it doesn't even have much active development happening any more the development process itself is always going to be an attack vector for centralization on Ethereum, and you can see it with Vitalik, he's mentioned how he doesn't want to give up too much control yet because there's still "so much of the roadmap" to be done I prefer an ossified chain where making a single change to how it functions requires you going through a gauntlet of people who are going to challenge it at every turn
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m_j_r
@m-j-r.eth
if I was BDFAD of Bitcoin, I would ossify it *after* it's set up for composability. for what it is right now, especially considering ordinal drama, there is a distinct headwind to Taproot adoption, even. that's dysfunctional. yet, at the same time that any given BTC user loses something, the results demonstrate a bunch of private firms like Strike & kludge on Lightning. the circumstances could be greatly improved for the ecosystem, but the status quo is considerably convenient offchain (and PoW whales further demonstrate that). the North Star is the North Star, and we're not finished yet, equilaterally.
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