If I were the US Government and had co-opted the "core" Bitcoin dev team, you know what I'd do? I'd encourage ground-up alternate implementations knowing damn well that the kind of people dumb enough to work on them expecting to create a viable competitor anytime soon aren't going to succeed. Every time anyone tried mining with one, I'd use my knowledge of all the ways they are incompatible to fork them, making it clear they can't be trusted for mining. Then I'd go a step further and "for the good of Bitcoin" create a process by which regular soft-forks and hard-forks happened so that Bitcoin can be "improved" in various ways, maybe every six months. Of course, I'd involve those alternate implementations in some IETF-like standards process for show, but all I would have to do to keep them marginalized and the majority of hashing power using the approved official implementation is slip the odd consensus bug into their code; remember how it was recently leaked that the NSA spends $250 million a year on efforts to insert flaws into encryption standards and commercial products. With changes every six months the alts will never keep up. Having accomplished political control, the next step is pushing the development of the Bitcoin core protocol in ways that further my goals, such as scalability solutions that at best allow for auditing, rather waiting until protocols are developed, tested, and accepted by the community that support fully decentralized mining.
Submitted November 06, 2016 at 05:29PM by jan_kasimi http://bit.ly/2eLoRno
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