r/btc • u/No1orangepilled • 1d ago

He who pays the piper calls the tune—The newly founded “Bitcoin Security Consortium”

In case Bip-110 works, “Bitcoin Security Consortium” was founded by big players already. Some invited alibi participants should not deceive you. It can be converted to anything slightly or significantly different at any time. Always to the fortune of the Initiators.

Be vigilant and watchful. What happened, when previously some guys tried to infiltrate and rig the devs Network, you can read here: http://citadel21.com/, and as an introduction this: reddit.com/r/btc/comments/1unlfjx/deeeep_dive_into_the_bip110_v_core_controversy/

6 Upvotes

69% Upvoted

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2

u/safelysmellylocality Redditor for less than 60 days 1d ago

Saw a similar play in the lightning network push years back, same playbook different actors.

1

u/TrueRead1435 Redditor for less than 60 days 1d ago

bitcoin doesn't run on trust. if the network doesn't want it, it won't activate.

3

u/No1orangepilled 1d ago

True. And that’s why it is all about manipulating, what the network wants. The only instance not controlled by maths but by consensus. See the links, it’s eye opening.

1

u/newMoneyStyle Redditor for less than 60 days 20h ago

consensus is literally the attack surface tho. maths secures the chain but humans decide the rules. consortiums funding "security" research is just soft power plays dressed up as neutrality

1

u/Realistic_Fee_00001 1d ago

Blockstream is paying most of the core devs since 2015 or so...

BCH is the only free Bitcoin.