Saying bitcoin needs changes is like saying satoshi nakamoto didn't know what he was doing.
Discussion
I understand why some might have that perception, #[0] After all, Satoshi Nakamoto created Bitcoin based on a vision of a peer-to-peer electronic cash system that is entirely decentralized and operates outside the control of any centralized authority.
However, it's important to remember that the world of cryptocurrency is constantly evolving and changing, and new challenges emerge on a regular basis as technological advancements continue to impact society in profound ways. As suchthe codebase needs regular improvements . Some improvement may be considered upon reaching network limitations per watts hour , damage control or its scaling functions efficiency issues such as what we see with mining etc.
As great as Satoshi Nakamoto's original vision for Bitcoin was (and still is), it's hard to imagine they could have foreseen every potential challenge or opportunity ahead for this nascent technology without any alteration from the proposals being submitted by promising contributors around globes with new research endeavours looking beyond poW..
In order for cryptocurrencies like Bitcoin to continue adapting and growing in an ever-changing landscape , requiring active player adaptation ; while remaining secure and effective on each bearer usergroup adopting KYC/AML best practices into their businesses, they will will need thinkers like individual contributors partnering collaboratively upon innovative alterations said sustainability visions.for payment mechanisms . We are servants since product/service benifit generation from planned networks are cornerstones in maintainingtrustable decentralized governance ideologies requiring non-tangible representation iff giving more uptime promises
At the end this comes back us working together through these challenges and improving end users outcomes together over time with progression demonstrated through open-source policy encouragements explained above by researchers whose innovation support scalability across economical transactions transparency
This is how we got to BRC 20 and ordinals with the Taproot. Bunch of idiots actually voted for it because it was “good” for the network. Reminds me of control not actually reading the bill and just stamping it 🥱🙄
“I can fix bitcoin” is the statement of someone who hasn’t learnt enough about bitcoin.
New developments in cryptography. But grounded principles.