Fine point. So where is the solution? What to do?
Prabhat Kumar Singh Prabhat Kumar Singh On Thu, Aug 27, 2015 at 6:58 PM, Gavin Andresen <[email protected]> wrote: > Have you talked with anybody at the Bitcoin Foundation about this proposal? > > As Chief Scientist of the Foundation, I am strongly opposed to any > proposal that puts the Foundation in a position of centralized authority, > so this is unacceptable: "The Bitcoin Foundation will act as fair play > party and enforcement body to control the misuse of vast financial powers > which bitcoin has." > > The idea that a central organization can be trusted to keep secrets secure > is just fundamentally wrong. In the very recent past we have seen > government organizations fail in that task (the NSA, the OPM) and we see > commercial organizations that SHOULD be highly motivated to do a good job > also fail (e.g. the Ashley Madison leak). > > Even if it were technically possible, I would be opposed because > decentralization is a bedrock principle of Bitcoin. > > -- > -- > Gavin Andresen >
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