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The blockchain describes stakes in a conceptual ledger. The current limitations on divisibility are easy to change in the future. 21 million is arbitrary and me
by natrius 12y ago
The blockchain describes stakes in a conceptual ledger. The current limitations on divisibility are easy to change in the future. 21 million is arbitrary and meaningless.
- gnaritas 12y ago> The current limitations on divisibility are easy to change in the future. Not true. > 21 million is arbitrary and meaningless. Also not true. Changing either of those things requires a hard fork of the network and a majority consensus among the miners globally which is in no way "easy to do".
- natrius 12y agoIt's easy to do if it will increase miner wealth, which a more useful currency will do. Disagree with that all you want. My point is that it's possible. Speculating about the likelihood of it succeeding doesn't seem worthwhile to me.
- gnaritas 12y agoCall it easy all you like, you're still incorrect.