What would be the consequences?
Game over!
(Outside this forum?)
Topic: Bitcoin Killswitch - page 4. (Read 3269 times)
Game over!
(Outside this forum?)
As this is open source, any kill switch would be publicly visible. It's not there. Now then, within a closed source implementation, such as any proprietary "coin" invented by J.P. Morgan for example, a kill switch could easily be hidden.
I said "by design", not "by code". That might sound like a splitting hairs, but its actually really a very different thing. 
What would be the consequences?
Game over!
As this is open source, any kill switch would be publicly visible. It's not there. Now then, within a closed source implementation, such as any proprietary "coin" invented by J.P. Morgan for example, a kill switch could easily be hidden.
Basicly its a fairly hyptothetical question.
But lets, just for a moment assume bitcoin had something like a "kill-switch".
A method that, by design, would revert all transactions that have ever been done.
What would be the consequences?
But lets, just for a moment assume bitcoin had something like a "kill-switch".
A method that, by design, would revert all transactions that have ever been done.
What would be the consequences?
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