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Author Topic: Austin Hill, CEO of Blockstream, will soon have a monopoly on Bitcoin developmen  (Read 805 times)
lanboor
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October 23, 2014, 07:39:11 AM
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Austin Hill, CEO of Blockstream, will soon have a monopoly on Bitcoin development.

Open-source projects have something called 'maintainers'. These are people who decide what goes into the code. If everyone pegs their BTC to the sidechain, it will have a network effect. Bitcoin will die and the sidechain will become Bitcoin2?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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October 23, 2014, 08:06:55 AM
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You need to go and look at how the blockchain and networks actually work, there have been many attempts to fork the blockchain, as for making a new one that's called an altcoin no matter how people try to spin it.
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