28 Jul '13, 1am

And Gavin moves on to the dark side. The Bitcoin project is officially hijacked

This matter was apparently for the first time discussed here , which is in itself ridiculously late, but the recent events illustrate the need of having the various issues much more clearly delineated. Recently Bitcoin came close to unmitigated disaster, in the following way: Gavin diplomatically suggested that miners increase their block size, from the previous magic number of “250k” to something they themselves pick. This approach is flawed: the solution to the problem of having a magic number in the code is not passing the responsibility of choosing it to a larger group. It may work politically, in the sense that where large, vague groups are responsible for a bad move nobody will ever be hung. It does not work practically. This point does not begin to get sufficient emphasis: stop thinking politically, stick to thinking practically. The political importance, usefulness...

Full article: http://trilema.com/2013/and-gavin-moves-on-to-the-dark-si...

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