Post
Topic
Board Beginners & Help
Re: An idea to make Bitcoin better
by
ETFbitcoin
on 04/11/2021, 09:51:38 UTC
Would you support that idea?

NO, your idea violate many principles of Bitcoin (see what i bold on below quote). In fact, i would strongly oppose such idea.

All changes and upgrades to the protocol should strive to maintain and reinforce these Principles of Bitcoin

  • 21 million coins.
  • No censorship: Nobody should be able to prevent valid txs from being confirmed.
  • Open-Source: Bitcoin source code should always be open for anyone to read, modify, copy, share.
  • Permissionless: No arbitrary gatekeepers should ever prevent anybody from being part of the network (user, node, miner, etc).
  • Pseudonymous: No ID should be required to own, use Bitcoin.
  • Fungible: All coins are equal and should be equally spendable.
  • Irreversible Transactions: Confirmed blocks should be set in stone. Blockchain History should be immutable.