Peter Todd: Bitcoin Miners Wanted to be Active Service Providers. They are not. #UASF

in #bitcoin3 years ago

peter todd bitcoin uasf mining.jpg

Peter Todd, Applied cryptography engineer, and past Bitcoin Core contributor makes the case that UASF and the 2017 fork was a conflict of expectations between what miners thought their business model might be and what Bitcoin users actually wanted from them.

'Nobody wants their water company 'becoming a partner with your restaurant' the reality is they are a very boring commodity business and that's the end of it.'

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