Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

‘Ossification Is Stupid:’ Bitcoin Development Controversy Strikes ‘Speedy Trial’ Taproot Activation

'Ossification Is Stupid:' Bitcoin Development Controversy Strikes 'Speedy Trial' Taproot Activation

The well known software developer Luke Dashjr is in the midst of controversy over how to upgrade the Bitcoin network in order to add the Taproot protocol. Bitcoin Core developers want to upgrade with “Speedy trial,” which will allow miners to push the feature through. However, Luke Dashjr wants to upgrade in a different manner, and considers the proposal an “attack on Bitcoin” as it’s “not a good thing” from his perspective.

Bitcoin Developers Find Controversy Over Taproot Activation

Bitcoin developers have revealed “Speedy trial support for versionbits #21377,” which aims to implement Taproot via BTC miner activation. The activation would “Start soon: shortly after the release of software containing this proposed activation logic, nodes will begin counting blocks towards the 90% threshold required to lock in taproot,” David A. Harding’s description notes.

'Ossification Is Stupid:' Bitcoin Development Controversy Strikes 'Speedy Trial' Taproot Activation

A great number of developers have participated in the “Speedy trial” conversation including programmers like Jeremy Rubin, Sjors, AJ Towns, Max Hillebrand, and Michael Folkson.

“Speedy trial merged into bitcoin core,” software and Bitcoin developer Ben Carman tweeted on April 14, 2021.

Luke Dashjr responded to Carman’s tweet and said: “Community came to consensus on BIP8. These devs are IGNORING that and pushing their own agenda instead. It is an attack on Bitcoin, not a good thing.”

Ben Carman disagreed and stated: “[I] disagree, without this, we’d still be bikeshedding over activation methods. I think the stuff you guys are doing with the UASF client is still good however, the correct safety net.”

Another Bitcoin developer, Jeremy Rubin said to Dashjr that if he was right about this issue it wouldn’t matter.

“Even if it doesn’t practically matter, it is still a violation of community trust in Bitcoin Core,” Dashjr replied.

Cobra: ‘A Bit Dangerous to Run Different Consensus Rules’

Following the banter on Twitter, Dashjr released his own “Bitcoin Core 0.21.0 build” and bitcoin.org owner Cobra said he was perplexed.

“I’m confused, what’s going on?” Cobra asked. “Taproot activation,” Dashjr responded to the bitcoin.org owner. “Yeah but it’s a bit dangerous to run different consensus rules willy-nilly isn’t it? I mean this is a trillion-dollar network now,” Cobra said to the developer. “Ossification is stupid and suicide,” Dashjr insisted.

“Luke is carrying out a personal vendetta at the expense of the community,” one person said in Dashjr’s Twitter thread. “The best analogy I can think of is a toddler throwing a temper tantrum,” he added. Dashjr responded to the statement and stressed: “That’s a lie.” “It’s not a lie, it just doesn’t fit your narrative,” the person remarked.

The Bitcoin (BTC) network has not seen a major upgrade since Segregated Witness and the Segwit2x fiasco back in 2017. It has been said because of that situation, it may be hard for the BTC community to fork the chain going forward.

'Ossification Is Stupid:' Bitcoin Development Controversy Strikes 'Speedy Trial' Taproot Activation

This is not Luke Dashjr’s first entry into the land of controversy, as he’s made a number of controversial statements about Segwit and even talked about shrinking Bitcoin’s block size down even lower than 1MB per block.

“So it turns out (not so surprisingly) that spammers are abusing Segwit’s block size increase to gain an advantage over legit Bitcoin users,” Dashjr insisted on September 17, 2019. “Reducing the block size limit could rebalance this unfair advantage / bad incentive Segwit has created,” he added at the time.

What do you think about the controversy surrounding Taproot activation and Luke Dashjr’s recent statements? Let us know what you think about this subject in the comments section below.

Comments

Popular posts from this blog

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with  her more than 200 million followers . The token, which was used as payment for online ticket purchases for some pay-per-view events, gained 116,000% in just one week following the celebrity’s activity before falling more than 99% and leaving many investors in the red. Kim Kardashian promoting EthereumMax on Instagram Stories, June 2021. Source: Instagram Though EthereumMax is somewhat of a cautionary tale for cry...

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...