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Bitcoin Lack Of Consensus Does Not Mean Destruction: Lightning’s Russell
Lightning Network developer Rusty Russell has described a lack of consensus in Bitcoin as the “best failure mode a store-of-value system can have.” Russell made the comments concluding a blog post about how a consensus-based route to a Bitcoin hard fork would work in practice. His balanced view contrasts with current fears over the effect of November’s SegWit2x hard fork on the Bitcoin network, which is already experiencing operational changes as a result of the Bitcoin Cash hard fork in July. “[A] lack of consensus doesn’t destroy Bitcoin, it just keeps it to its current state, which is truly the …
Bitcoin / Aug. 28, 2017