Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on For Sale: 29,656.51306529 Bitcoins. Parent comment
But the algorithms behind Bitcoin are agreed on literally by consensus, the clients in the network which reach a majority are in control.
If it became clear that something in Bitcoin was about to be broken, the algorithm could be changed to something more secure, if a majority agreed.
Past transactions would not be affected - they are immutable - and new ones would become safe.
There are no comments on this comment yet.
But the algorithms behind Bitcoin are agreed on literally by consensus, the clients in the network which reach a majority are in control.
If it became clear that something in Bitcoin was about to be broken, the algorithm could be changed to something more secure, if a majority agreed.
Past transactions would not be affected - they are immutable - and new ones would become safe.