Profile picture
Pontus Lindblom @ponli137
, 8 tweets, 2 min read Read on Twitter
1/ My theory on why @rogerkver acts the way he does. I think the root cause is that he doesn't understand #Bitcoin on a sufficient technical level
2/ Any politician can make grand promises of solutions to problems, and expect others to make them happen. But building and delivering is what counts
3/ If Bitcoin is to become a foundation for human and machine peer-to-peer interaction that nobody can control or censor, each user needs to easily be able to run a full node
4/ To make it possible for all users of Bitcoin to run a full node, the resource requirements regarding CPU, memory and bandwidth must be kept low
5/ Users that don't run a full node are not "peers" in a peer-to-peer network, but must instead rely on trusted third parties as intermediaries
6/ Running a full node is the only way to send bitcoins and check that you have been payed, without having to rely on someone else. Completely trustless
7/ Increasing resource requirements for running a full node, e.g. by increasing the blocksize, jeopardizes the opportunity to be a "peer" in the network, while simultaneously jeopardizing decentralization
8/ Decentralization, and that everyone can use Bitcoin completely trustless as a "peer" in the network is paramount, and must under no circumstances be compromised
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Pontus Lindblom
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!