Veteran developers believe Bitcoin core fails

7 Min Read
7 Min Read

At an event held by Bitcoin Focus Platform (BTC), PubKey, veteran developer of the Bitcoin ecosystem, Eric Voskuil, has expressed criticism about the future of its software within the framework of discussions regarding the revision of Bitcoin Core in Bitcoin Core at an event held by Bitcoin Core, saying, “Satosh Client Fails”

Voskuil, known for his work on Libbitcoin, an open source Bitcoin library, asks his questions to the questionable Centralising core development, As with the question, some specific features of that client (Assume utxo y is valid), pointing out that they affect the safety of the network.

Voskuil’s key vision for Bitcoin core

Eric Voskill argues that Bitcoin Core is not sustainable in the long term. His argument is based on the perception that the development of the software is controlled by a small group of developers. This centralization, as expressed in Voskuil Limit ecosystem diversity and resiliencewhich represents the risks to one of its fundamental principles: decentralization of Bitcoin.

Apart from Voskuil’s considerations, there are 99 recent or active contributors to the development of Bitcoin Core, open source development at this point Hundreds or thousands commit contribution Each of themthis may contradict the discussion of centralized schemes.

and Dedication This is a set of changes or changes made in the source code of the software repository. each Dedication This represents a logical unit of work. This includes adding, modifying, or eliminating lines of code, and includes a written message explaining what was changed and why.

Criticism of specific features of the core

Another criticism of Voskuil is directed towards this feature Assuming UbroBitcoin core proposal to allow nodes Assuming the validity of a particular block without fully verifying them. According to him, this feature undermines network decentralization and security by prioritizing the convenience of integrity.

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Assuming Ubro Accelerate the synchronization process for new nodes, allowing them to operate faster without the need for full verification from the Genesis block. However, Voskuil considers this Violates the principle of complete verificationwhich is the basis for ensuring that each node validates all transactions individually.

Along the same line, this developer questions the functionalityssume enabled. Consider implementing that tool in Bitcoin Core This is a step towards centralizationbecause nodes that may impair network reliability can trust a particular block without fully verifying them.

When Voskuil says “We’re trying big blocks without verifying. That’s a problem.”suggests that Bitcoin Core prioritizes efficiency and scalability at the expense of full validation by nodes. In the context of assume enabledhe sees this property as an attempt to process larger blocks (or more data) without undergoing full scrutiny.

Despite criticism of Eric Voskill Assume utxo y is valid These features include risk mitigation mechanisms to be considered to undermine decentralization. verification Background and verification Of the important elements, It suggests that the network is robust, such as work tests (POWs) and UTXO sets (Unbound Transaction Outputs).

Furthermore, full verification is not an essential requirement for all nodes in the network. This allows optical node participation, such as those used by many wallets (functions that exist from the origin of Bitcoin). These nodes that do not emit or validate the entire blockchain can operate with fewer resources and contribute to the decentralization of the ecosystem without compromising the possibility of interaction with the network.

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Voskuil’s gaze, customer Satoshi’s failure

Voskuil was encouraged to predict Bitcoin Core failure I don’t deal with it properlyanalysis shows issues such as size increase The need for archiving that network and improving privacy in transactions.

The discussion about Bitcoin file size is not new. In 2017, the well-known “Block War” reached an important point. This is a dispute that hints at deep differences of opinion over how the network climbs.

The sector proposed Segwit. This proposed an update that optimized block space usage without increasing size, and a second layer solution (L2) outside the chain, Lightning Network (LN). Another group advocated for directly increasing the block size to process more transactions.

Without consensus, Bitcoin Cash (BCH) was born. This is a Bitcoin branch with larger blocks and is currently using little compared to Bitcoin.

Voskuil claims more privacy

Despite Eric Voskuil’s criticism of Bitcoin Core’s lack of privacy attention, it is not true that clients ignore this aspect.

Bitcoin Core has integrated means Likes privacyLightning Network itself, where developers are part of the core team, TapRoot, its updates, etc. Mascara complex transaction Protects the identity of users to be viewed as standard.

In this sense, Eric states that Taproot is not useful, but what he himself points out does not attack as a fundamental privacy issue, such as address traceability and transactional correlation over the network.

The importance of customer competition

Voskuil is working on Libbitcoin, an open source library based on the C++ programming language. According to him, libbitcoin Prioritize privacy, scalability and resistance to censorshipcharacteristics that we consider to be important for the future of our network.

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Nevertheless, libbitcoin no es es composition como bitcoin corebut libraries that allow other developers to create applications and nodes that are compatible with Bitcoin. The purpose is to provide tools Communities can diversify developmentreducing the dependency of a single software. For Voskuil, the advantage of Bitcoin Core is dangerous. Because it can concentrate too much power on a single team and misuse or manipulate it.

In that way, Voskuil also highlights The need for greater competition Among the various Bitcoin software, he avoids what he considers as a monopoly in current development.

Currently, Bitcoin Core continues to dominate the Bitcoin active node landscape, but over 90% of the 22,064 operating nodes using this client are growing competition intended by Voskill.

And core hegemony is being challenged by the recent migration of nodes to alternatives such as Bitcoin knots that are already held Almost 9% of total The cipher is shown for the node.

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