Topic - Bitcoin Protocol Discussion

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hv_
6 days ago
Can we have here ideas about how we think what the Bitcoin Protocol should have and why? I like to start with very simple requirements first, like: Keep it simple ?
hv_
6 days ago
Keep it simple: Simple protocols have many advantages over complex ones. Better adoption because more devs can build on, and its better to understand = safer, less bugs!
LightRider
6 days ago
An actual protocol specification would be nice.
hv_
6 days ago
Simple code is easier to scale and invites more paricipants to compete > leads to higher decentralization.
hv_
6 days ago
An ideal protocol is that simple, that it needs not much maintenance / changes on the long run. That keeps many client impls runing most safly on top.
hv_
6 days ago
BTW, IMO Bitcoin Cash was forked from Bticoin SW (BTC) exactly becuase of my points above.
hv_
6 days ago
The simplification of Bitcoin's protocol should be always our aim because of that - there should be high barriers for introducing complexity into!
hv_
6 days ago
This blows into my horn: Do not change much in the base layers: https://www.reddit.com/r/btc/comments/9623yk/my_experience_disclosing_a_critical_bitcoin_cash/
hv_
6 days ago
Be aware: The important trustlessness and immutability of the blockchain is at risk on any protocol change.
CryptoAnarchist
6 days ago
Protocol spec is going to be Bitcoin from 2009. Original Bitcoin, the way is was supposed to be.