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2026-01-06 23:46:23 UTC
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tree on Nostr: Ad Bitcoin design - When you want to do something complex (like a decentralized ...

Ad Bitcoin design - When you want to do something complex (like a decentralized financial system), it makes sense to start with a limited minimal design and then iterate to what you want to achieve. Bitcoin could have become turning-complete, or a turing-complete L2 could have emerged instead of Lightning. In my opinion, the bitcoin community gave up on this path too early and radically, and that opened the way for Ethereum.

But yeah, you are of course right, the fact that anyone can deploy any smart contract (or create a new market) is the basis of the deviance, these things are very difficult on Bitcoin.

btw, big things can be done at the protocol level too, the switch from PoW to PoS was one of the most fascinating things I have experienced in crypto :)