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The value of bitcoin lies in its immutability. That's the only thing it really has left going for it.
by everfree 3y ago
The value of bitcoin lies in its immutability. That's the only thing it really has left going for it.
- lxgr 3y agoBitcoin is not immutable. The current chain would make absolutely no sense to a (full-validating) client from 2011 due to various additions and protocol changes. What it is, as a project, is being extremely conservative, but that's a human political value, not a property of a technical system.
- everfree 3y agoI'm referring to the immutability of issuance and balances. That's the type of immutability that matters.