Re:Kraken to end on-chain staking services for U.S. clients
by TimJRobinson on Friday February 10, 2023 @02:11AM
(#34736620)
I can see merit to that, as it's trying to be a good money more than Ethereum, and nation states won't adopt a currency with technical risk.
I just think it ossified way too early and then to justify that they come up with religious arguments that "actually 21m coins on a diminishing curve is the perfect economic policy and any meddling is bad"
Re:Kraken to end on-chain staking services for U.S. clients
by scotty79 on Friday February 10, 2023 @02:58AM
(#34736911)
Sure, but it ossified at the behest of its community who could have chosen more progressive forks but decided not to. Given how well bitcoin is doing it wasn't a bad call. And if someone doesn't like what bitcoin is (not) doing there's plenty of other cryptos they can move to. So far no crypto seemes to be able to win the holy grail for mass business adoption and it's really hard to tell which one can manage that if any
It's not about getting it perfect. It's about getting it good enough and stable.
Bitcoin had its forks that introduced change. People voted with their legs and chose the stability. What matters is that some developers attempted a change and ultimately people decided they prefer original set of rules.
Not sure what happened with ETH but I feel like it might work a bit differently there.