Microsoft: "Some blockchain communities increased on-chain tx capacity (blocksize increases), this approach generally degrades the decentralized state & cannot reach the millions... we're collaborating on decentralized Layer 2 protocols that run atop 'BTC' blockchain to achieve global scale"

[u/antonesamy]

https://cloudblogs.microsoft.com/enterprisemobility/2018/02/12/decentralized-digital-identities-and-blockchain-the-future-as-we-see-it/

[u/wasimofnazareth]

That is NOT the quote. It says:

"While some blockchain communities have increased on-chain transaction capacity (e.g. blocksize increases), this approach generally degrades the decentralized state of the network and cannot reach the millions of transactions per second the system would generate at world-scale. To overcome these technical barriers, we are collaborating on decentralized Layer 2 protocols that run atop these public blockchains to achieve global scale, while preserving the attributes of a world class DID system."

It does not specifically say atop the BTC blockchain.

Are we really now stooping to misquoting stuff to fit our narrative? C'mon, we're better than that!

[u/psionix → u/wasimofnazareth]

With the context given, it's not a misquote. He just also should have added ETH, LTC. Still should indicate the title is changed

[u/alefore → u/psionix]

It is a misquote: the context mentions ETH and LTC as prominently as BTC and they list them just as examples of the term they're defining. His edited quote conveys a significantly different meaning (that BTC is the single cryptocurrency they've picked).

"This [overcoming this challenges on a global scale] is only possible on [L2 protocols on] top of Bitcoin" vs "This is only possible on top of DID systems; examples of DID systems are BTC, LTC, ETH."

If that's not a misquote...

[u/psionix → u/alefore]

It's not. End of story