I would have no issue changing the code to allow a 1 bitcoin reward for every block forever... to ensure a strong distributed mining community.
take a look at Dogecoin and see what this kind of distribution did to it.
Topic: Bitcoin is NOT mathematically limited to twenty one million bitcoins - page 4. (Read 2841 times)
July 28, 2017, 09:10:52 AM
well, good news for you is that this limit that you are talking about is NOT 21 million bitcoin. it is 2,100,000,000,000,000 units based on what code says and that unit is called satoshi and is more than enough to sustain any kind of "overwhelming support"
take a look at Dogecoin and see what this kind of distribution did to it.
take a look at Dogecoin and see what this kind of distribution did to it.
July 28, 2017, 08:59:55 AM
Bitcoin is NOT mathematically limited to twenty one million bitcoins.
I do not support raising the cap at this time but if we had overwhelming support like we did for Segwit we could raise the limit to any number we could dream up.
I would have no issue changing the code to allow a 1 bitcoin reward for every block forever... to ensure a strong distributed mining community.
I understand this must sound like blasphemy to the majority of the community but it irks me to see such a false statement about bitcoin repeated over and over again in every Bitcoin youtube video out there; there has to be a better way to phase it.
I do not support raising the cap at this time but if we had overwhelming support like we did for Segwit we could raise the limit to any number we could dream up.
I would have no issue changing the code to allow a 1 bitcoin reward for every block forever... to ensure a strong distributed mining community.
I understand this must sound like blasphemy to the majority of the community but it irks me to see such a false statement about bitcoin repeated over and over again in every Bitcoin youtube video out there; there has to be a better way to phase it.
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