NVK used open-source code from Trezor to build Coldcard.
Then Foundation forked Coldcard’s code to create Passport.
NVK got mad and switched Coldcard to a Commons Clause license so competitors could no longer use their code.
But because he couldn’t simply relicense the GPL code he took from Trezor, he had to remove and replace it.
And during that rewrite, he introduced the RNG flaw.
That flaw stayed unnoticed for 5 years because nobody had an economic incentive to spend weeks auditing code they were no longer allowed to build on.
His greed caused his downfall.
Do I get this right?
Why don’t they just tokenize the oil in the Middle East and transport it across permissionless financial rails, thereby avoiding the Strait of Hormuz altogether
I've spent the last month looking closely at how Bitcoin Core and the network around it has operated the last years.
A blatant cultural and philosophical shift.
Shocking arrogance and contempt for dissent on display around the OP_RETURN uncap. Opposition was reframed as "harassment", "drama" and "brigading". Consensus was simply declared, in the face of massive controversy and opposition.
Bitcoin is imo clearly drifting towards “anything goes if there is a use case out there” relativism.
Bitcoin is supposed to be money. That's the mission. Separating money and state. Not being a data layer adapting to the needs of venture-backed projects.
Staying neutral while Bitcoin drifts in this direction isn't something I can justify anymore. It feels urgent that something is done to counter it.