Visualizzazione post con etichetta UASF. Mostra tutti i post
Visualizzazione post con etichetta UASF. Mostra tutti i post

giovedì 15 giugno 2017

«Un bel tacer non fu mai scritto» (Bitcoin...BIP148 Fork etc etc)

Io rilancio solo = buona lettura...
che se riuscite a tradurre dall'inglese
e poi dal "bitcoinese"
e poi dallo "zucchese"
troverete tanto tanto valore aggiunto (come sempre .... visto che Giacomo è uno dei TOP del settore)
Dunque (in 3 su 1000) potrete distillare utili elementi
per (forse) anticipare le prossime evoluzioni del BITCOIN (anche se sotto sotto non lo sa nessuno = solo clues e troppe variabili in gioco)
ed i suoi possibili "bitcoin-casini estivi" (vedi anche la correzione bella tosta in corso)
Ma solo in 3 su 1000 ....perchè stavolta IO non vi traduco più nulla
non ve la metto giù in modo condivisibile per tutti.
Ho condiviso fin troppo in questi 9 anni di blogging 4000 post 20ml di pagine viste e decine di iniziative reali.
Sono in viaggio per Sant'Elena e ci rimarrò per un po'
stacco per un po' e mi taccio...
che del tutto fesso non sono....
«Un bel tacer non fu mai scritto».....
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SPLIT: Thoughts on BIP148, UASF, SegWit, Bitcoin, Life, the Universe and Everything
Posted by Giacomo Zucco | Jun 15, 2017
SPLIT, Or: How What Apparently Looks Like a Multiple Personality Disorder, Actually Turns Out to Be a Completely Rational Opinion about BIP148, UASF, SegWit, Bitcoin, Life, the Universe and Everything.


Change is Good
Innovation means change. Continuous, fast, and often times dramatic changes are the tools that complex systems utilize to evolve and ultimately create antifragility for themselves (which is better than mere robustness in the long run).
“Creative Destruction”, as Joseph Schumpeter called it, is the engine truly responsible for maintaining operation and improvement, especially in the context of economic innovation and business cycles. Competition, disruption, and even failure, are all necessary for serious progress. Systems that are currently characterized by the worst situations of stagnation, inefficience, obsolescence, corruption, long term fragility, and moral hazard, are usually the ones in which competition and disruption are forbidden or slowed down by legal/violent monopolies, or where failures are prevented by bailouts, monetary manipulation and other kinds of distortion. Unsurprisingly, these situations mostly occur in sectors that are heavily contaminated by regulation, politics, government spending, taxation, etc.
There is no doubt that the financial sector (including the most important industry: the money industry) is a primary example of this kind of disease. Bitcoin was born to be the cure. Bitcoin will bring many changes, disruptions and failures as well as much creativity. Bitcoin is creative destruction. Its impact on finance, commerce, and society will “move fast and break things”. It’s already doing it.
In order to do so, Bitcoin itself will have to change over time, at various levels, in order to become stronger and evolve after each attack it will suffer from. Usually, in the material world, only dead things don’t change. Third party solutions will rise and fall, and use cases that now we cannot even imagine will become important. There will be a huge turnover in applications, products, services, miners, economic gateways and even developers. And that’s a good thing, because, in general, change is good.

But Change in Bitcoin-L1 is Bad

Complex systems behave non-linearly, and this is sometimes counter-intuitive and even paradoxical. In order to find global maxima, a system often has to explore the space away from local maxima. In general, the global anti-fragility of the system requires some kind of fragility in its local parts; however, sometimes in order to maximize evolution on a global level, some fundamental parts of the system need to reach a level of static, almost immutable, adamantine robustness..........................