Editor’s Note: This is a missive of the alphabet to the community written in addition to signed past times many of the Bitcoin nub developers.
As active contributors to Bitcoin, nosotros portion this missive of the alphabet to communicate our project design of activity related to technical consensus in addition to Bitcoin scalability.
Bitcoin is many things to many people. However, the evolution in addition to maintenance of Bitcoin is a human endeavor. Satoshi sought review in addition to cooperation, in addition to the subsequent operate past times Bitcoin’s developers has made the arrangement to a greater extent than secure in addition to orders of magnitude faster. The Bitcoin developer community is dedicated to the hereafter of Bitcoin, looks afterwards the wellness of the network, strives for the highest standards of performance, in addition to industrial plant to hold Bitcoin secure on behalf of everyone.
We’re committed to Bitcoin in addition to responsive to the needs of the community. For the past times v years, we’ve written code in addition to managed over l Bitcoin releases and reviewed to a greater extent than than 45 formal proposals to ameliorate Bitcoin’s performance, security, in addition to scalability. Technical discussions, spell heated at times, are ever focused on improving Bitcoin.
Much operate has already been done inwards this area, from substantial improvements inwards CPU bottlenecks, retention usage, network efficiency, in addition to initial block download times, to algorithmic scaling inwards general. However, a number of key challenges all the same remain, each alongside many pregnant considerations in addition to tradeoffs to evaluate. We conduct hold worked on Bitcoin scaling for years spell safeguarding the network’s nub features of decentralization, security, in addition to permissionless innovation. We’re committed to ensuring the largest possible number of users create goodness from Bitcoin, without eroding these fundamental values.
There volition hold upwards contention from fourth dimension to time, only Bitcoin is a security-critical arrangement alongside billions of dollars of users’ assets that a fault could compromise. To mitigate potential existential risks, it behooves us all to accept the fourth dimension to evaluate proposals that conduct hold been position frontwards in addition to grip on the best solutions via the consensus-building process.
In the upcoming months, ii opened upwards workshops volition convey the community together to explore these issues. The kickoff Scaling Bitcoin workshop will hold upwards inwards Montreal on September 12-13. The minute workshop is planned for Dec 6-7 in addition to volition hold upwards hosted inwards Hong Kong to hold upwards to a greater extent than inclusive of Bitcoin’s global user base.
We inquire the community to non prejudge in addition to instead operate collaboratively to make the best trial through the existing procedure in addition to the supporting workshops. It’s groovy to already see wide excitement for the trial in addition to the high concentration of technical participants attending.
We’re confident that past times working together nosotros tin move grip on the best course of teaching of action. We believe this is the mode frontwards in addition to reinforces the existing review procedure that has served the Bitcoin evolution community (and Bitcoin inwards general) good to date.
We welcome your participation equally nosotros proceed our efforts to convey Bitcoin into the future.
Signed,
Wladimir J. van der Laan
Pieter Wuille
Cory Fields
Luke Dashjr
Jonas Schnelli
Jorge Timón
Greg Maxwell
Eric Voskuil
Amir Taaki
Dave Collins
Michael Ford
Peter Todd
Phillip Mienk
Suhas Daftuar
R east Broadley
Eric Lombrozo
Daniel Kraft
Chris Moore
Alex Morcos
dexX7
Warren Togami
Mark Friedenbach
Ross Nicoll
Pavel Janík
Josh Lehan
Andrew Poelstra
Christian Decker
Bryan Bishop
Benedict Chan
฿tcDrak
Charlie Lee
Jeremy Rubin
Photo Kim Piper Werker / Flickr (CC)
