The below is an off-site archive of all tweets posted by @lopp ever

December 23rd, 2015

balajis If everyone picks the same safe, risk-adjusted option it stops being quite so safe and risk-adjusted. See: MSFT jobs, sovereign defaults.

via Twitter for iPhone (retweeted on 6:48 PM, Dec 23rd, 2015 via Twitter Web Client)

8) Bitcoin devs should post a notice on software to inform node operators of their timeframe to respond to non-backward compatible changes.

via Twitter Web Client in reply to lopp

7) IMO, software dev & internet tech are fast paced and participants should be responding to major changes in weeks/months, not a year+.

via Twitter Web Client in reply to lopp

6) As a result, many Bitcoin developers are extremely conservative and suggest that lead time for hard forks should be greater than 1 year.

via Twitter Web Client in reply to lopp

5) Problem: devs haven’t communicated to node operators the expected lead time of notices for deploying non-backward compatible changes.

via Twitter Web Client in reply to lopp

4) Bitcoin devs aren’t responsible for damages caused by node operators who don’t keep themselves apprised of developments to the protocol.

via Twitter Web Client in reply to lopp

3) Bitcoin protocol developers have a responsibility to give node operators advance notice of non-backward compatible upgrades.

via Twitter Web Client in reply to lopp

2) Thus Bitcoin node operators have a responsibility to maintain both the software and the hardware they are using to run their node.

via Twitter Web Client in reply to lopp

1) If you administer a computer that is used to secure people’s money, you have responsibility to keep it running like a well-oiled machine.

via Twitter Web Client

@el33th4xor Perhaps because Bitcoin’s target audience is “everyone,” devs are unwilling to explicitly exclude anyone. ¯\_(ツ)_/¯

via Twitter for Android

@el33th4xor People should stop arguing about the cost to run a node unless they’re willing to develop a minimum specification.

via Twitter for Android

RT @el33th4xor: No Such Thing as Developing a Fee Market https://t.co/ioe9Ay5A1q

via Twitter for Android

3) If you’re certain that the BTC exchange rate must rise, put your money where your mouth is and advance the self-fulfilling prophecy! :-)

via Twitter Web Client in reply to lopp

2) This is even assuming miners sell all of their coins (or sell on public markets), which they don’t, as I noted https://t.co/Dh5DNi5c3J

via Twitter Web Client

1) Over 100,000 BTC sold daily on exchanges. Block reward halving (1,800 fewer daily) is unlikely to substantially affect exchange rate.

via Twitter Web Client