Peter Todd: Bitcoin Miners Wanted to be Active Service Providers. They are not. #UASF

@juansgalt · 2018-10-30 13:46 · bitcoin

peter todd bitcoin uasf mining.jpg

Peter Todd, Applied cryptography engineer, and past Bitcoin Core contributor makes the case that UASF and the 2017 fork was a conflict of expectations between what miners thought their business model might be and what Bitcoin users actually wanted from them.

'Nobody wants their water company 'becoming a partner with your restaurant' the reality is they are a very boring commodity business and that's the end of it.'

https://www.youtube.com/watch?v=xsEeyKxDUmM&feature=youtu.be

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#bitcoin #mining #crypto #cryptocurrency #fork
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