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Why bitcoin.org promotes third party wallets? #1185
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Current bitcoin.org listing criteria found at https://github.com/bitcoin-dot-org/bitcoin.org/blob/master/README.md#wallets specify the conditions under which wallets (including custodial wallets) are listed. I've started a discussion at #1109 soliciting input which will very likely lead to a proposal for a separate category for such wallets and perhaps new listing criteria. |
ABISprotocol
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Dec 29, 2015
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Thank you @crwatkins |
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wbnns
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Dec 9, 2016
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jl2012 commentedDec 28, 2015
If you don't have exclusive right to move your bitcoin, you don't have any bitcoin. The balance shown in the wallet is only Bitcoin IOU, not Bitcoin.
With OP_CLTV, and the upcoming OP_CSV and segwit, users can retain exclusive right to move their bitcoin in a third party wallet (with time cost), with _all_ benefits of third party wallet, e.g. instant payment, instant exchange, green address. Third party wallets should be given a grace period to upgrade before they get delisted.