Post
Topic
Board Development & Technical Discussion
Re: Is Bitcoin infrastructure too Chinese? What should be done technically?
by
Wind_FURY
on 13/10/2018, 07:42:02 UTC
...just like all GPUs where apparently no one is bothered about where the chips come from. Like I said, I think it's more a question of where the miners are deployed, not where they are produced.
....

Focusing on software, rather than hardware. We live in a globalized society of specialization, so naturally knowledge accumulates where its applied most.
Right to the point.

ASICs are bad but pools are horrible, both should be taken care of but we need to understand without a truly pool-resistant fork bitcoin has no chance to be adopted in levels much higher than what it is right now because it is not decentralized enough and could not be considered secure for bigger missions.

What "bigger missions" are you speaking of that would put decentralization on top of its list?

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Let's just forget about scalability, decentralization is a more urgent issue

I agree, decentralization secures on-chain censorship resistance. That's why many people in the community believe, me included, that an off-chain layer is the best way to scale Bitcoin.

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and although I think it is very convenient to retire ASICs and let more commodity devices in, but it would make no difference with pools being in charge.

Is it convenient to hard fork to cut nodes and hash power from the network, and hurt its security? For a developer like yourself, I believe you need to think about these things.