> Greg Maxwell gave up his commit access for "optics" - to make BlockStream look better.
My reduction in involvement was not related to blockstream and wasn't discussed in the company in advance. I can't personally take the toxic environment created by people like you and it has been adversely impacting my health.
Unfortunately, even when I have nothing at all to do with Bitcoin for long spans of time people continued attacking and threatening me and my family.
> Blockstream burnt through $10m+ in 12 months
No we didn't. We have most of our seed money funds available after two years of operation.
Blockstream has never paid Peter Todd or Bram Cohen (but sure, Luke-jr has been a contractor, a publicly known fact all along).
Bram Cohen followed the same path as many other technical experts-- he considered it implausible, and then after understanding it better considered it implausible but super interesting. There is no sin in thinking that Bitcoin is a long shot: it's a fantastic, exciting, potentially world changing long shot.
> from Blockstream such as RBF
No one at Blockstream had anything to do with opt-in RBF.
But the functionality-- user selectable replacement for unconfirmed transactions, something that the original releases of Bitcoin had until it was disabled for DOS reasons-- was discussed for months without a _single_ person speaking out in opposition while it was proposed. Only after it it was merged and slated for release did a number of throw away accounts begin a misinformation campaign about it (conveniently arguing that it was a reason to switch to "Bitcoin Classic"). Subsequently, many others in the industry like Stephen Pair at Bitpay have spoken up in support of it.
> segregated witness fee discounts which are controversial
I'm not aware of any controversy there. There appears to be universal agreement in the technical community that UTXO bloat is one of the larger problems the system has which would be exacerbated by bigger blocksizes. At scaling Bitcoin Montreal there was widespread agreement that new costing mechanisms were needed to make fees better reflect UTXO carrying costs. The way segwitness costing works achieves that; by making removing UTXO entries more equal in cost to creating them.
Your President, Adam Back, said on Reddit that half of the initial seed money (which was $21m) had been spent, just after the announcement of your series A ($55m). Who to believe?
Or was he speaking as an "individual" rather than an employee of Blockstream? Are we to believe that multiple employees of Blockstream fly to Hong Kong, stay in hotels, but are there acting in an individual capacity?
> Your President, Adam Back, said on Reddit that half of the initial seed money (which was $21m) had been spent, just after the announcement of your series A ($55m). Who to believe?
My reduction in involvement was not related to blockstream and wasn't discussed in the company in advance. I can't personally take the toxic environment created by people like you and it has been adversely impacting my health.
Unfortunately, even when I have nothing at all to do with Bitcoin for long spans of time people continued attacking and threatening me and my family.
> Blockstream burnt through $10m+ in 12 months
No we didn't. We have most of our seed money funds available after two years of operation.
Blockstream has never paid Peter Todd or Bram Cohen (but sure, Luke-jr has been a contractor, a publicly known fact all along).
Bram Cohen followed the same path as many other technical experts-- he considered it implausible, and then after understanding it better considered it implausible but super interesting. There is no sin in thinking that Bitcoin is a long shot: it's a fantastic, exciting, potentially world changing long shot.
> from Blockstream such as RBF
No one at Blockstream had anything to do with opt-in RBF.
But the functionality-- user selectable replacement for unconfirmed transactions, something that the original releases of Bitcoin had until it was disabled for DOS reasons-- was discussed for months without a _single_ person speaking out in opposition while it was proposed. Only after it it was merged and slated for release did a number of throw away accounts begin a misinformation campaign about it (conveniently arguing that it was a reason to switch to "Bitcoin Classic"). Subsequently, many others in the industry like Stephen Pair at Bitpay have spoken up in support of it.
> segregated witness fee discounts which are controversial
I'm not aware of any controversy there. There appears to be universal agreement in the technical community that UTXO bloat is one of the larger problems the system has which would be exacerbated by bigger blocksizes. At scaling Bitcoin Montreal there was widespread agreement that new costing mechanisms were needed to make fees better reflect UTXO carrying costs. The way segwitness costing works achieves that; by making removing UTXO entries more equal in cost to creating them.