Samson Mow Challenges Bitcoin Core Developers on Network Expansion Plans
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Samson Mow Raises Concerns Over Bitcoin Core Developers
Samson Mow, the CEO of JAN3 and a staunch advocate for Bitcoin, has voiced his apprehensions regarding the actions of the Bitcoin Core developers. His critique centers around their proposed expansion strategies, which he believes might compromise Bitcoin’s integrity as a currency.
Mow’s Response to Developer Authority Concerns
In a recent social media post, Mow expressed concerns over the influential role that Bitcoin Core developers have assumed within the ecosystem. His comments were a response to a statement by developer Jamesob, who highlighted the substantial control these developers wield. This control, according to Mow, could facilitate the implementation of expansion plans that he views with skepticism.
Jamesob’s Perspective on Developer Power
Jamesob outlined two primary reasons for the developers’ significant influence. First, he noted that businesses have embedded their operations with the use of Bitcoin’s implementation, creating a powerful economic node monopoly. Secondly, he argued that the complexity of the Bitcoin network necessitates reliance on trusted technical authorities, with Core developers becoming the default choice for many. This delegation of trust has resulted in what Jamesob describes as “sticky power,” which he believes is underestimated by some.
The Ongoing Debate Over Network Changes
This discourse unfolds against the backdrop of the ongoing spam wars debate. Bitcoinist has reported that Bitcoin Core developers are moving forward with the OP_RETURN expansion, despite concerns from maximalists like Mow. The developers assert that preventing “harmless” data from entering the network would contradict Bitcoin’s anti-censorship ethos. However, critics argue that such changes could undermine Bitcoin’s status as Sound Money.
Mow Reflects on Previous Criticisms Against Expansion Proposals
Samson Mow also revisited his past criticisms of Bitcoin developer Greg Maxwell and the OP-RETURN proposal. Mow accused Maxwell of being misleading in his support for the expansion and lamented that many followers idolize him without recognizing the alleged truth.
Greg Maxwell’s Defense and Mow’s Rebuttal
Maxwell defended the proposed changes by stating they would convert current fake outputs, which inflate the UTXO set, into non-inflating traffic. Mow, however, dismissed this defense, questioning Maxwell’s understanding or honesty regarding the issue.
Further Allegations by Mow
Mow also reacted to recent statements by the Bitcoin Core Developers, accusing them of gradually altering the network to accommodate spam, and now, aiming to dismantle barriers for spammers further.
As of now, the price of Bitcoin is approximately $105,400, experiencing a decline over the last 24 hours, based on CoinMarketCap data.
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