Protocol developers often come across as more pessimistic about Bitcoin’s future than most Bitcoiners. Daily exposure to Bitcoin’s imperfections certainly shapes a sober perspective, and it’s important to reflect on what Bitcoin has achieved. Anyone in the world, no matter their race, age, gender, nationality, or any other arbitrary criterion, is able to store and transfer value on a neutral monetary network more robust now than ever. That said, Bitcoin does have issues that many Bitcoiners are not aware of, but could threaten its long-term prospects if not addressed properly. The vulnerabilities fixed by the Consensus Cleanup are one such example.
Don’t miss your chance to own The Core Issue — featuring articles written by many Core Developers explaining the projects they work on themselves!
This piece is the Letter from the Editor featured in the latest Print edition of Bitcoin Magazine, The Core Issue. We’re sharing it here as an early look at the ideas explored throughout the full issue.
[1] https://github.com/bitcoin/bips/blob/master/bip-0054.md
[2] https://github.com/bitcoin/bips/blob/master/bip-0030.mediawiki
[3] https://github.com/bitcoin/bips/blob/master/bip-0034.mediawiki
[4] https://r6.ca/blog/20120206T005236Z.html
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