Subject: Re: [bitcoindev] The Future of Bitcoin Testnet

From: Peter Todd <[email-masked]>
Date: Sat, 4 May 2024 17:13:26 +0000

On Tue, Apr 30, 2024 at 11:46:59AM -0700, Matthew Bagazinski wrote:
> 
> 
> Unfortunately, the current form of Testnet is doomed to have value, just 
> like BTC. Its scarcity makes it a valuable asset. And no reset will change 
> that. It will only result in repeated resets, multiple versions of testnet, 
> and people never learning.

The scarcity of testnet BTC isn't the only valuable asset in testnet; testnet
blockchain space itself is a scarce, valuable, asset. It's an asset that we
can't easily make worthless, even through testnet resets, as there are usecases
(including scams) where the long-term persistence of the data doesn't matter.

-- 
https://petertodd.org 'peter'[:-1]@petertodd.org

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