Post
Topic
Board Bitcoin Discussion
Re: Bitcoin foundation
by
ETFbitcoin
on 29/07/2023, 09:53:46 UTC
--snip--
1. Consensus involve all Bitcoiner, not only Bitcoiner who happen to be miner.
2. Even if miners (who have total >51% hash-rate) decide to change total amount of BTC, other people who use BTC would ignore their block by default since it violate existing Bitcoin protocol.
3. IMO number 21 million isn't significant, it's just arbitrary number.
4. The change definitely require more than one line of code, such as re-determining mining reward.
So why is the number 21 million so important? Is it a magical number or your religion?

It's not important, people actually took importance of unchanging expected total coin. And i don't know why you keep bringing religion topic.