1. Blockstream write access is tempered by the very high distribution of nodes. Including nodes which very deliberately run old versions. Also Core is not the only client. Afaik Beam has only one client.
2. People always underestimate first mover. Bitcoin is aggressively evolving - just look at Lightning.
3. Cypherpunk is not about corporatisation - cmon man. And foundations are BS.
4. The dev team is running ASICS. I guarantee it.
Look MW and cut through are interesting technologies. But the market positioning and messaging is terrible. It has CEO ffs. This guy is going to go to jail to protect your darknet deals and tax evasion? Not a chance. Its a privacy coin not a utility coin.
1- That is what you like to believe and that is the exact BS people are trying to sell to the public opinion, we devs look at numbers: ~
97% of nodes run Bitcoin core nodes of which only
3.2 run on 0.15.1 which is the earliest version that has any significant count, there is also a Beam Rust implementation being worked on, but this doesn't mean shit really, we've seen how this plays out with both Bitcoin and Ethereum. it doesn't really help much.
2- I did not underestimate the network effect, I acknowledged its importance but I also gave an example of how this fade away in a very noisy market especially when slow progress is made (IBM) and I also said that I don't think the crypto game is a zero-sum game like some would like to think.
3- Cypherpunk is also not about slaving your days away, the word free always meant freedom never mean slave your days away for free, most successful open source projects are lead by corporates (Popular Linux distribution like RedHat and Ubuntu, OpenSuse or projects like Mozilla, Android or libs like openssl, boost and many other libs....)
4- you guarantee it? that is kind of a huge statement without any proof! just by looking at
https://whattomine.com/ half of the hashrate comes from nicehash which is basically GPU miners chasing profitability, I have been watching this for months, when profitability jumps just a bit up the hashrate goes through the roof and vice versa.
5- Of course not, not sure if you have any idea about the open-source software, Beam is
released under the Apache license which has 0 Liability and 0 Warranty. if a government crackdown on the team it would just mean the team will not be able to commit to the source code, the community can still keep the project going, in fact, community commits are getting higher by the day.