'Opportunists' pushing protocol changes are BTC's biggest threat: Saylor

The biggest menace to the Bitcoin web is “ambitious opportunists” who privation to propulsion done protocol changes, according to Michael Saylor, the co-founder of Bitcoin (BTC) treasury institution Strategy.

Saylor’s comments sparked a statement online. Bitcoin maximalist Justin Bechler said the comments were directed toward bundle developers pushing for non-monetary usage cases connected Bitcoin, specified arsenic non-fungible tokens (NFTs) and onchain images successful blocks.

Source: Michael Saylor

“The top hazard to Bitcoin is quantum,” capitalist Fred Krueger said, portion others similar Mert Mumtaz, the CEO of distant process telephone (RPC) node supplier Helius, disagreed with Saylor. Mumtaz said:

“Absolute crab of a mindset. ‘Ambitious radical wanting to germinate this exertion are our biggest risk.’ Nothing is infallible. surely not Bitcoin, which has had tons of bugs until now, similar each different bundle — possibly let's fto those bugs enactment alternatively of patching them.”

Several users, including Mark of Bitcoin, cited the ongoing spam wars and Bitcoin Improvement Proposal 110 (BIP-110), a impermanent brushed fork aimed astatine filtering retired non-monetary information from the Bitcoin ledger.

Saylor’s station inflamed the statement betwixt Bitcoiners who privation to ossify the protocol and bundle developers advocating for expanded features connected Bitcoin, similar quantum-resistant wallet addresses and onchain record storage. 

Related: Michael Saylor pushes backmost connected disapproval of Bitcoin treasury companies

The Bitcoin assemblage continues to statement the quantum threat

Quantum computing continues to beryllium a taxable of aggravated statement among the Bitcoin community. Nic Carter, the founding spouse of task steadfast Castle Island, has repeatedly warned that the protocol needs to determination to post-quantum standards arsenic soon arsenic possible.

However, Adam Back, the CEO of integer plus infrastructure institution Blockstream, rebuffed Carter’s claims, calling them “uninformed.”

“Bitcoiners and developers are not successful denial astir defensively doing the probe and improvement to hole for aboriginal quantum computers. But they are conscionable softly doing probe portion you marque uninformed noise,” Back said.

Source: Adam Back

Bitcoin marketplace expert James Check said that quantum computing fears are not affecting Bitcoin’s marketplace price, and helium attributed the caller marketplace downturn to semipermanent Bitcoin holders dumping their coins onto the market. 

Magazine: Quantum attacking Bitcoin would beryllium a discarded of time: Kevin O’Leary