If miners decided the rules of the #Bitcoin network, we would still be mining 50 BTC block rewards. During the very first halving, some miners didn’t agree with the concept of the halving and created their own fork that still rewarded 50 BTC. It was an expensive lesson.
Discussion
WE ARE THE NODE RUNNERS!
I didn’t know that.
New cycle, same old tricks.
In 2010 the txo was exploited to allow 184,467,440,737.09551616 BTC created in a single block. #bitcoin 🙃
Wasn't that a bug and not an exploit?
There wasn’t any check for txout values that were negative so it was an exploited bug. It’s also when the 21 million money cap MAX_MONEY was invented, to help future possible exploits of excessively large integers. Originally #bitcoin had no cap on money supply.
BlackRock is going to try again ...
A priesthood of devs and corporations should not determine bitcoins rules. Marketing campaigns that mimic political campaigns should not determine bitcoins code.
Bip300 allows us to choose, without centralization, the way a free market works.