i'm a large bitpay customer and I have everything to gain from the platform getting better...
however this isn't a good state of affairs for bitcoin as a whole
I look forward to some public debate on this at the conference...
Topic: [ANN] BitPay Hires Bitcoin Core-Developer Jeff Garzik (Read 6712 times)
Finally a smart bitcoin company...
I would've thought it'd be obvious that any worthwhile startup needs a core dev onboard...
I would've thought it'd be obvious that any worthwhile startup needs a core dev onboard...
Well, they have also money as bitpay has been quite a business success. When/if localbitcoins.com gains enough traction/income, we will be doing the same
Jeff Garzik is a legend ^_^ Congrats.
It can certainly represent a conflict of interest. But it's no problem, I've long realized Bitcoin won't change anything fundamentally. Even in a success scenario, the block chain would be limited with extraorbitant fees for transactions, making it only possible for crypto fat cats to make use of Bitcoin's actual properties. The plebs would again be exposed to centralization and "banks", necessarily. Trust is not removed, only shifted.
A conflict of interest? So, do you think it's better for the devs to be employed by non-bitcoin companies, as most of them are? It looks to me as that's more of a conflict of interest than helping improve Bitcoin at a Bitcoin company. If Bitpay would start making unreasonable demands he can always quit, it's not like kernel developers have problems finding a job.
Hey, even though the devs do have the greater good in mind, they have to eat and feed their families and pets.
Many people in this community are screaming a lot, but not paying anything for bitcoin development or support. Did you expect a virtual currency to bring a whole new world of altruism?
Wait, Jeff needs a job? Isn't his Avalon enough to allow him to retire? 
Retiring is boring 
It's not that he was forced to do this, I suppose he just wants to be more active with Bitcoin development and found someone that's willing to pay for it and invest in the infrastructure in this way. That's great news for Bitcoin
Wait, Jeff needs a job? Isn't his Avalon enough to allow him to retire?
BitPay cannot grow to 100x our size now without bitcoin being able to grow and scale with us. Jeff is a great developer and can help work on the scaleability issues that bitcoin needs to meet the demands.
I would consider this to be very encouraging news, if it wasn't for relatively recent comments made by Jeff that indicated a certain hostility on his part to implementing the necessary scaling improvements in Bitcoin.I was going to mention that too, but in due course, when Jeff had at least got his feet under his new desk!
My last reading of his comments was that he's against infinite blocks, which might be interpreted as flexibility on a larger fixed limit...
BitPay cannot grow to 100x our size now without bitcoin being able to grow and scale with us. Jeff is a great developer and can help work on the scaleability issues that bitcoin needs to meet the demands.
I would consider this to be very encouraging news, if it wasn't for relatively recent comments made by Jeff that indicated a certain hostility on his part to implementing the necessary scaling improvements in Bitcoin. So chill out, and thank BitPay for their contribution (it's not selfless, but keep in mind they need Bitcoin to be a success for their business to run).
BitPay cannot grow to 100x our size now without bitcoin being able to grow and scale with us. Jeff is a great developer and can help work on the scaleability issues that bitcoin needs to meet the demands.
I don't know if I should be scared of or happy for bitpay. I hope Jeff signed like an independent clause in his contract otherwise, I can see the genius of having your own core developer, in your pocket.
On a serious note: Congrats, great news!
It doesn't give BitPay decision-making power, it gives them the power to make proposals.
God, if I wanted I could contribute to the core development, just as anyone, would that mean I control Bitcoin ? Not more than any of us !
Code's changes still have to be reviewed by the community and other developers, and don't worry, a lot of people cares about that (you can see the polemic on dust outputs).
So chill out, and thank BitPay for their contribution (it's not selfless, but keep in mind they need Bitcoin to be a success for their business to run).
God, if I wanted I could contribute to the core development, just as anyone, would that mean I control Bitcoin ? Not more than any of us !
Code's changes still have to be reviewed by the community and other developers, and don't worry, a lot of people cares about that (you can see the polemic on dust outputs).
So chill out, and thank BitPay for their contribution (it's not selfless, but keep in mind they need Bitcoin to be a success for their business to run).
Devs are "allowed" to make money you know.
Congratulations.
It can certainly represent a conflict of interest. But it's no problem, I've long realized Bitcoin won't change anything fundamentally. Even in a success scenario, the block chain would be limited with extraorbitant fees for transactions, making it only possible for crypto fat cats to make use of Bitcoin's actual properties. The plebs would again be exposed to centralization and "banks", necessarily. Trust is not removed, only shifted.Congratulations.
I digress.
Don't worry Blitz ... people are out there working on the next layer for the "plebs" to enjoy bitcoin-like freedom too .... trust "noone".
Sorry for the offtopic.
Devs are "allowed" to make money you know.
Congratulations.
It can certainly represent a conflict of interest. But it's no problem, I've long realized Bitcoin won't change anything fundamentally. Even in a success scenario, the block chain would be limited with extraorbitant fees for transactions, making it only possible for crypto fat cats to make use of Bitcoin's actual properties. The plebs would again be exposed to centralization and "banks", necessarily. Trust is not removed, only shifted.Congratulations.
I digress.
Don't worry Blitz ... people are out there working on the next layer for the "plebs" to enjoy bitcoin-like freedom too .... trust "noone".
Devs are "allowed" to make money you know.
Congratulations.
It can certainly represent a conflict of interest. But it's no problem, I've long realized Bitcoin won't change anything fundamentally. Even in a success scenario, the block chain would be limited with extraorbitant fees for transactions, making it only possible for crypto fat cats to make use of Bitcoin's actual properties. The plebs would again be exposed to centralization and "banks", necessarily. Trust is not removed, only shifted.Congratulations.
I digress.
Devs are "allowed" to make money you know.
Congratulations.
Congratulations.
Wait...you mean the devs need to eat? I thought they just ate code and went around giving gifts to people like Santa Claus all year round...
My whole belief system is ruined. I feel your pain Gweedo.
My whole belief system is ruined. I feel your pain Gweedo.
Linus worked in Transmeta for a few years, and the community never had a problem. Conspiracy theorists need to get real.
Good news. Congrats to BitPay and Jeff.
Jeff has a long history of Open Source development work .... I can't see him introducing code contributing to nefarious forks that only work in BitPay's favour ... and anyway he has to get Gavin to sign off on commits ... and worse comes to worse you could always use that branch of the code produced by the development monk sect who took a vow of poverty and study arcane crypto-math as a pastime (last seen in an enclave in the swiss alps some say) and only deliver their source code by USB sticks attached to the legs of carrier pigeon
Good news.
People with talent + people with money = success
People with talent + people with money = success
What happens if all the companies buy up all the core devs?
I figured the Dev's would be full time anyway as they would have been mining and in Bitcoin for a long time?
I figured the Dev's would be full time anyway as they would have been mining and in Bitcoin for a long time?
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