Prohibited changes: Difference between revisions
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I'm pretty sure that the total won't be decreased either ;) |
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These changes are considered to be against the spirit of Bitcoin. Even if ''all'' Bitcoin users decide to adopt any of these changes, the resulting cryptocurrency can no longer be considered "Bitcoin" because it has diverged too much from the original design. | These changes are considered to be against the spirit of Bitcoin. Even if ''all'' Bitcoin users decide to adopt any of these changes, the resulting cryptocurrency can no longer be considered "Bitcoin" because it has diverged too much from the original design. | ||
* | * Changing the total number of bitcoins from 21 million. | ||
* Changing the bitcoin distribution algorithm whatsoever before block 6930000 ([https://bitcointalk.org/index.php?topic=130614.0 the reward drops to zero on this block]). | * Changing the bitcoin distribution algorithm whatsoever before block 6930000 ([https://bitcointalk.org/index.php?topic=130614.0 the reward drops to zero on this block]). | ||
* Recycling lost coins. People use Bitcoin assuming that some bitcoins will inevitably be lost. If coins are artificially "un-lost", the money supply is changed in a way that people would not have expected. | * Recycling lost coins. People use Bitcoin assuming that some bitcoins will inevitably be lost. If coins are artificially "un-lost", the money supply is changed in a way that people would not have expected. | ||
Revision as of 15:42, 4 January 2013
These changes are considered to be against the spirit of Bitcoin. Even if all Bitcoin users decide to adopt any of these changes, the resulting cryptocurrency can no longer be considered "Bitcoin" because it has diverged too much from the original design.
- Changing the total number of bitcoins from 21 million.
- Changing the bitcoin distribution algorithm whatsoever before block 6930000 (the reward drops to zero on this block).
- Recycling lost coins. People use Bitcoin assuming that some bitcoins will inevitably be lost. If coins are artificially "un-lost", the money supply is changed in a way that people would not have expected.
- Any rule that adds required, explicit centralization. For example, a change requiring that all blocks be signed by some central organization.
See Also
Hardfork Wishlist for hard forks that might happen and still be called "Bitcoin".