On Tue, Aug 4, 2015 at 7:27 AM, Pieter Wuille via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org> wrote:I would say that things already demonstrately got terrible. The mining landscape is very centralized, with apparently a majority depending on agreements to trust each other's announced blocks without validation.
And that is a problem... why?As far as I can tell, nobody besides miners running old and/or buggy software lost money due to outsourced mining validation (please correct me if I'm wrong-- I'm looking forward to Greg's post-mortem). The operators of bitcoin.org seem to have freaked out and pushed the panic button (with dire warnings of not trusting transactions until 20 confirmations), but theymos was well known for using an old, patched version of Core for blockexplorer.com so maybe that's not surprising.