The death spiral begins

1 25
Avatar for Sixto
Written by
3 years ago

In a company, someone who did not share the goals of the organization would be dealt with in a simple way: by firing him.

But Bitcoin Core is an open-source project, not a company. Once the 5 developers with commit access to the code had been chosen and Gavin had decided he did not want to be the leader, there was no procedure in place to ever remove one. And there was no interview or screening process to ensure they actually agreed with the project’s goals.

As Bitcoin became more popular and traffic started approaching the 1mb limit, the topic of raising the block size limit was occasionally brought up between the developers. But it quickly became an emotionally charged subject. Accusations were thrown around that raising the limit was too risky, that it was against decentralization, and so on. Like many small groups, people prefer to avoid conflict. They can be kicked down the road.

Complicating things further, Maxwell founded a company that then hired several other developers. Not surprisingly, their views then started to change to align with that of their new boss.

Co-ordinating software upgrades takes time, and so in May 2015 Gavin decided the subject must be tackled once and for all, whilst there was still about 8 months remaining. He began writing articles that worked through the arguments against raising the limit, one at a time.

But it quickly became apparent that the Bitcoin Core developers were hopelessly at loggerheads. Maxwell and the developers he had hired refused to contemplate any increase in the limit whatsoever. They were barely even willing to talk about the issue. They insisted that nothing be done without “consensus”. And the developer who was responsible for making the releases was so afraid of conflict that he decided any controversial topic in which one side might “win” simply could not be touched at all, and refused to get involved.

Thus despite the fact that exchanges, users, wallet developers, and miners were all expecting a rise, and indeed, had been building entire businesses around the assumption that it would happen, 3 of the 5 developers refused to touch the limit.

Deadlock.

Meanwhile, the clock was ticking.

4
$ 0.01
$ 0.01 from @dexter
Sponsors of Sixto
empty
empty
empty
Avatar for Sixto
Written by
3 years ago

Comments

Good write. Try to best

$ 0.00
3 years ago