Bitcoin Core Dev Jeff Garzik: Softforks Are a Rule by a Tiny Elite
Jeff Garzik, a core bitcoin developer who previously worked as Principal Software Engineer at RedHat before leaving to work full time on bitcoin development, stated in a public video that softforks are a rule by a “tiny, few technocratic elite.” The talk addressed the downsides of segwit “since only the upsides are promoted heavily,” by firstly arguing that repeated soft forks are repeated collusion. Garzik states: “Repeated softforks are repeated agreements, a positive collusion, of these tiny few, to change the rules that the entire network is locked in.” Garzik states that node....
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