3 ms·
Doubtful that everyone will switch to some yet-to-be-determined altcoin. Bitcoin is open source. Nothing is preventing its flaws from being patched. That's all
by mvkel 13y ago
Doubtful that everyone will switch to some yet-to-be-determined altcoin.
Bitcoin is open source. Nothing is preventing its flaws from being patched. That's all altcoins are anyway; Bitcoin with a patch to a perceived problem with the protocol.
With a market cap of $21bn, that kind of capitalization doesn't disappear overnight, which would need to happen to counteract a massive flaw that arises from centralized mining.