Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by Triv888 on Thursday December 03, 2020 @12:32PM
(#25291653)
Bitcoin specs change all the time and they could decide to increase the supply
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Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by csomar on Thursday December 03, 2020 @12:34PM
(#25291684)
That would result in a certain fork. We had already had that and it seems the majority has decided to stick with the initial rules even though the fork wasn't about supply but something that will give bitcoin more practicality.
Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by Osiris on Thursday December 03, 2020 @12:35PM
(#25291698)
Being a decentralized application, certainly the core devs could attempt to make such a change but I guarantee that would cause a fork and the community would decide which fork they want to put their mining effort into.
Re:S&P Dow Jones Indices to launch cryptocurrency indexes in...
by joosters on Thursday December 03, 2020 @12:48PM
(#25291921)
The 'community' at large doesn't mine Bitcoin. A few gigantic mining farms mine bitcoin, and their self-interest could well change the bitcoin issuance. It's not as decentralised as you think.