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so by "principled" you just mean "has algorithmic constraints?" that's not what most people mean by principled. Also, in that sense, crypto also has principles
by beaconstudios 5y ago
so by "principled" you just mean "has algorithmic constraints?"
that's not what most people mean by principled. Also, in that sense, crypto also has principles in that most altcoins are built on ethereum, which also has algorithmic constraints.
- javert 5y agoBitcoin has principles the way most people mean the term. Ethereum does not. I've already given examples that make it clear. Ethereum's algorithmic constraints are merely algorithmic constraints that can be changed easily, whereas bitcoin's key algorithmic constraints also are actually principles; changing them results in a non-bitcoin fork.