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Title: Satoshi code the Algorithm!! Post by: MiguelCryptoss on August 20, 2018, 02:33:23 PM Could it has been that he was the only one who has the permission to deactivate this said algorithm to enable regulation? Could it has been that no other person was there when he was coding the algorithm? Can the SEC find the way out to deactivate the said algorithm to be able to regulate the system?. Regulating the system will bring rest of mind to the world of cryptocurrency........
What do you think can be done to regulate the system ?? Title: Re: Satoshi code the Algorithm!! Post by: Heisenberg_Hunter on August 21, 2018, 04:48:24 PM The first and foremost question is about which algorithm have you been talking about? Is it the Sha256 algorithm which the bitcoin and some other major coins has been following? So why should someone deactivate the Sha256 algorithm?
Could it has been that he was the only one who has the permission to deactivate this said algorithm to enable regulation? satoshi is never going to return. If so the deactivation of the algorithm would take place, they would be discussed among the community and decided upon the acceptance. Bitcoin would collapse and won't even exist if the Sha256 algorithm is deactivated. Could it has been that no other person was there when he was coding the algorithm? No one knows satoshi is a single person or a group of people.Can the SEC find the way out to deactivate the said algorithm to be able to regulate the system?. Regulating the system will bring rest of mind to the world of cryptocurrency........ Regulation can be carried out by taxation of crypto gains in all the major parts of the world.P.S Your thread is a complete mess without any necessary details to answer anything and is present in the wrong board. Try to edit the the OP and move this to Bitcoin Discussion. |