Author: Jorge Timón 2014-04-01 21:42:53
Published on: 2014-04-01T21:42:53+00:00
On April 1st, 2014, Pieter Wuille proposed a draft BIP to turn Bitcoin into a limited-supply currency. He believed that the current subsidy schedule could not be accepted anymore. Matt Corallo suggested redesigning the whole system with a hard fork instead of a soft fork, as this would force the whole community and not just a few miners to decide. However, he questioned whether the community could reach an agreement in such a short timeframe. The proposal was met with controversy, but Wuille considered it a worthwhile idea to explore. Dogecoin had already shown how easy such changes were to implement. More information on the proposal can be found at the link provided by Wuille.
Updated on: 2023-06-08T18:11:32.241218+00:00