The Perfect Bitcoin

[blackened515]

What would he or she change? Why? The making of a perfect Bitcoin?

Nothing. Because Satoshi created a currency to be ran by the community, not solely by him. He/she/they definitely knows that what Bitcoin should be is what consensus thinks it should be.

What about the transaction charges bitcoin has now, wouldn't it be changed, the rich are the ones getting bitcoin now because they can afford to lay for the high fee, won't Satoshi wants it to be used by everyone both rich and poor, I think if he/she/they want to change anything, it should be the charges, what do you think.

[aysg76]

What if satoshi nakamoto looks at Bitcoin today. What would he or she change? Why? The making of a perfect Bitcoin?

There have been many hard fork and soft fork already conducted to make changes in the Bitcoin by the developers so as to adjust the flaws for more security so that's why there is no need for Sathoshi because he made it open source decentalized currency to operated by all not him only.If he would have made his mind to make any changes he would have already declared them from some other Indentity to the developers like in the past as believed by many he want to build completely anonymous currency and he developed Monero for that purpose and declared its whitepaper.So if he has any plans he would have done it but btc at current is perfect in almost terms.

[ropyu1978]

even though satoshi showed the bridge of his nose, and has been recognized by the public, I don't think satoshi has ever changed the existing bitcoin system, because according to everyone's analysis, bitcoin is now categorized as perfect.. surely bitcoin prices will return to stable as before..

[Erdogan]

Bitcoin is perfect and there is nothing Satoshi need to change now. The only thing we need to change is our approach towards BTC. We should start taking it as a payment system rather taking him as an asset of investment.

[ILuckyGuyI]

I think one of the most important problems of Bitcoin is scalability. Bitcoin's system can't handle over a certain limit of transactions. I think that Bitcoin will be near perfect if he/she manages to solve this.

[Ucy]

I think he will continue to improve on its features, plus add new ones to secure and have it do more useful things better. I doubt he will allow its strong ideals be compromised while trying to get it work better unless he has forgotten why Bitcoin was created in the first place or he's no longer threatened by the badly run traditional financial systems.

[serjent05]

What i am asking is hypothetically. I want you to be Satoshi theoretically . What would you change to make the Perfect Bitcoin? This is a thought experiment. sorry if it was not clear. Going to edit post .

I would lessen the time for the coins to confirm.  If possible making it an instant confirmation of transaction without compromising security.  I would also choose the path of lesser energy usage than what it is consuming right now.  The blockchain transparency is fine with me, no need to change that into a privacy coin.

[dunfida]

Bitcoin is perfect and there is nothing Satoshi need to change now. The only thing we need to change is our approach towards BTC. We should start taking it as a payment system rather taking him as an asset of investment.

Perfect on the sense on where it can really make the job done but we cant deny about scalability issues that we are facing on it even though its only temporal when there sudden influx of transactions but it would be good if this one would be solved out and the rest is already perfect and theres
nothing to be changed on.

[kawetsriyanto]

What kind of perfect Bitcoin did you mean and want to be?
Satoshi will not change anything.

I am aware of who Dorian Nakamoto is. I enjoy GIFs sorry What i am asking is hypothetically. I want you to be Satoshi theoretically . What would you change to make the Perfect Bitcoin? This is a thought experiment. sorry if it was not clear. Going to edit post .

And if I were Satoshi, I will not change anything on Bitcoin because I have said it about Bitcoin and would never say different right now and in the future. Because I believe that Satoshi is not the kind of person who is fickle and takes back on their own words.

[Ebede]

If I were Satoshi, I will make BTC supply unlimited.
I will reduce transaction fees.
I will incorporate PoS in BTC design.
I will make BTC easily minable
I will design BTC to reduce the energy required to mine BTC.

[wxa7115]

What if satoshi nakamoto looks at Bitcoin today. What would he or she change? Why? The making of a perfect Bitcoin?


I need to clarify. This is a hypothetical query. Please put your satoshi hat on. Tell me what you think satoshi would change and why?

Satoshi does not have that power anymore, even if he cameback and remained anonymous but could prove he was the owner of the coins we think belong to him he will just be another person making recommendation to the code.

Since he is satoshi his words will have a lot of weight with the community but for the devs unless they can see the supposed improvements in terms of code they will skeptic about making any kind of change to bitcoin, bitcoin is no longer a small project that you can change at will, bitcoin is now worth a fortune which means that updates need to be very well analized in order to not break all of what has been built above it.