Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated
by saalweachter on Monday November 15, 2021 @08:56AM
(#29227392)
I believe the simple answer is "when BTC stakeholders stand to lose money by not moving away from PoW".
[ Parent
| on HN ]
Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated
by jstx1 on Monday November 15, 2021 @09:09AM
(#29227542)
I think there's too much ideology, politics and tribalism involved to simplify it like this.
Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated
by javert on Monday November 15, 2021 @09:25AM
(#29227737)
You can't move bitcoin off proof of work. You can fork it, and the fork can become more dominant, but the fork won't be bitcoin. Similarly for changing the 21M coin limit. Bitcoin is an idea, not a democracy.