Author: Matt Corallo 2014-04-01 19:11:01
Published on: 2014-04-01T19:11:01+00:00
The context presents a disagreement with a proposal to turn Bitcoin into a limited-supply currency. The author believes that Satoshi intended this monetary supply from the beginning, and we should not go against his will. Additionally, the author suggests that instead of a soft fork, a hard fork could be used to redesign the whole system and switch to a new script engine. Pieter Wuille proposed the controversial idea of turning Bitcoin into a limited-supply currency in 2014. He believed that the current subsidy schedule was unacceptable and presented a draft BIP for discussion. He referred to Dogecoin as an example of how easy such changes are to implement. The proposal can be found on a Gist page, and comments were requested.
Updated on: 2023-05-19T18:30:45.207006+00:00