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Olivier Janssens
Founding Father of . Very early Bitcoin adopter. Lifelong libertarian. Entrepreneur and investor.
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Olivier Janssens 34m
just completely crippled its update system by forcing people to download via wifi. many people don’t have access to wifi (parking garage etc) or can’t be motivated to install wifi close to their car. And now they’re stuck.. Terrible idea. Are 4G costs that high?!
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Olivier Janssens May 23
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Olivier Janssens May 23
More autopilot restrictions in Europe with version 16.2, more nagging, etc. Also obligated to download via wifi? Some of my Tesla’s don’t have possibilities for wifi because they are in parking garage.
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Olivier Janssens retweeted
Brian Armstrong May 21
Got this advice recently. Thought it was great, so passing along: Imagine where you want to be in 5 years Then think through what that requires you to get done this year And then don’t spend any time during the year on activities that don’t point you in that direction
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Olivier Janssens May 17
Let’s try to talk about normal cases first before we go into the exceptions. Feel free to give your opinion.
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Olivier Janssens May 17
Replying to @dltk @yessibelloperez
A baby can’t survive on its own until x years old, and even then, it would still need help. I think the cutoff age for that would be 5 years old minimum, if lucky.
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Olivier Janssens May 17
I’m happy to agree with you that miners forking into a version noone wants is economical suicide, but even in that case you’d have to find new miners to validate and enforce the rules on your new fork (whatever that might be). But on a technical level, miner nodes decide rules.
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Olivier Janssens May 17
I think you just agreed that miners decide & enforce which transactions & rules are valid or not. My point was to prove that ‘non-mining full nodes will do absolutely nothing in preventing miners from upgrading.’ We can continue talking about secondary effects later if you want.
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Olivier Janssens May 17
No, without hashpower, you’re not. If miners decide on a new ruleset, your node will just be forked off the network (or in case of a softfork, it won’t even know).
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Olivier Janssens May 17
If that were true, then I could launch a million nodes today (trivially with amazon) and destroy Bitcoin. The only full nodes that matter are the ones that miners run, because those decide what transaction to include in the blockchain. Miners control the rules and tx’s to include
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Olivier Janssens May 17
‘They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism.’ -> Last line of Bitcoin whitepaper
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Olivier Janssens May 17
I will put aside the phrase “whose in charge” for a minute, cause that is too open for interpretation. Example: “The sun is in charge of users, cause without it, we’re be all dead.” Fact is: Miners decide which transactions to include and which software and rules are valid.
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Olivier Janssens May 17
And of course, you can say “without users to support it, Bitcoin has no value and miners won’t make money”. Maybe, but that’s a secondary effect and subjective. The fact is: Miners secure it and decide which tx’s to include and which software is valid. Feel free to disprove that.
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Olivier Janssens May 17
Thanks! I don’t think you understand. Yes, miners are in charge. They decide which transactions and software are valid. If users were in charge, they would need hashpower to protect their “version”. Why? Without hashpower, you can’t secure the blockchain.
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Olivier Janssens May 17
Replying to @stephanlivera
Non-mining full nodes do nothing to stop miners. With a soft fork (evil), you won’t even notice. With a hardfork you will be forked off the network and will have to upgrade your client to continue using it. If you didn’t want the upgrade, you will have to find new miners.
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Olivier Janssens May 16
Replying to @stephanlivera
I’ve already argued ad nauseum that non-mining full nodes (especially non-economic) will do absolutely nothing in preventing miners from upgrading. You maybe need a couple of “watchtower” full nodes for the extremely paranoid (like noone would notice.. lol). Besides that.. nope.
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Olivier Janssens May 16
Replying to @stephanlivera
The logical fallacy you have there is thinking that everyone needs to be able to run a non-mining full node. It’s a terrible idea. It creates huge fees and actually destroys true censorship resistance: Noncustodial wallets & fast mass adoption for payments
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Olivier Janssens May 16
Replying to @yessibelloperez
Until how many gestational months should abortion be allowed (if the baby is healthy and there is no physical danger to the mother)? Asking for your personal opinion, not any existing laws.
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Olivier Janssens May 16
Oh, happy to hear you decided that for all of us and changed the whitepaper /s
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Olivier Janssens May 16
Replying to @AaronvanW @real_vijay
Well, why do you think the first thing Blockstream did is fly to China and have miners sign an agreement to run only core-compatible software? They didn’t visit Coinbase, case in point. But you didn’t answer my “Why” question.
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