The reso­lu­tion of the Bitcoin expe­riment


I’ve spent more than 5 years being a Bitcoin deve­lo­per. The soft­ware I’ve writ­ten has been used by millions of users, hundreds of deve­lo­pers […]

The funda­men­tals are broken and whate­ver happens to the price in the short term, the long term trend should proba­bly be down­wards. I will no longer be taking part in Bitcoin deve­lop­ment and have sold all my coins.

— Mike Hearn

On y parle un peu de ques­tions tech­niques mais on se rend compte aussi que fina­le­ment les projets sont extrê­me­ment dépen­dants des humains.

Quel est l’ave­nir souhaité pour le projet ? Il y a-t-il un consen­sus ? Quels en sont les impacts ?

the block chain is control­led by Chinese miners, just two of whom control more than 50% of the hash power. At a recent confe­rence over 95% of hashing power was control­led by a hand­ful of guys sitting on a single stage.

CVhkEhtUAAAl0LH[…] Even if a new team was built to replace Bitcoin Core, the problem of mining power being concen­tra­ted behind the Great Fire­wall would remain. Bitcoin has no future whilst it’s control­led by fewer than 10 people. And there’s no solu­tion in sight for this problem: nobody even has any sugges­tions. For a commu­nity that has always worried about the block chain being taken over by an oppres­sive govern­ment, it is a rich irony.

Rien que ça empêche assez bien d’en­vi­sa­ger un avenir, mais si vous voulez un résumé plus complet :

Think about it. If you had never heard about Bitcoin before, would you care about a payments network that:

  • Couldn’t move your exis­ting money
  • Had wildly unpre­dic­table fees that were high and rising fast
  • Allo­wed buyers to take back payments they’d made after walking out of shops, by simply pres­sing a button (if you aren’t aware of this “feature” that’s because Bitcoin was only just chan­ged to allow it)
  • Is suffe­ring large back­logs and flaky payments
  • … which is control­led by China
  • … and in which the compa­nies and people buil­ding it were in open civil war?

I’m going to hazard a guess that the answer is no.

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