Bitcoin Core at Risk? Samson Mow Sounds Alarm

Bitcoin Core at Risk? Samson Mow Sounds Alarm

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Bitcoin maximalist Samson Mow has launched a scathing attack against Bitcoin Core developers, warning of potential risks to Bitcoin’s future. Mow’s concerns center on proposed network expansion plans, specifically the OP_RETURN expansion, which he believes could undermine Bitcoin’s status as sound money by allowing increased spam and potentially bloating the UTXO set. He points to the significant influence wielded by Core developers, highlighting their de facto monopoly on economic nodes and the inherent trust delegated to them by non-developers. Mow argues that this power allows them to push through changes, like the OP_RETURN expansion, despite concerns from the community. He directly criticizes Bitcoin developer Greg Maxwell, accusing him of being disingenuous in his support for the proposal and failing to grasp the potential consequences. Mow alleges that Core developers have gradually modified the network to facilitate spam and are now actively removing barriers for spammers. This controversy comes amid ongoing debates about spam on the Bitcoin network, with Core developers maintaining that they won’t interfere with “harmless” data, a stance that Mow strongly opposes. Mow’s comments have sparked considerable debate within the Bitcoin community, raising concerns about the long-term implications of the Core developers’ actions and control over the network. The current price of Bitcoin is noted as around $105,400 at the time of writing, down slightly in the last 24 hours.

(Source: https://bitcoinist.com/bitcoin-core-product-risk/)

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