Agree. Yes how did Satoshi get Bitcoin so right? Even after he combined so many existing discoveries like proof of work & linked chain of database blocks, he added in the difficulty adjustment. On top of that the numbers he chose were near perfect, including blocks targeting 600 sec, 1mb block limit, 2016 block difficulty adjustment period, 210,000 block halving leading to 21 M bitcoin total.
Changing any of these numbers would be similar to changing the charge of an electron, or the strength of gravity. Our universe would drastically change forever.
Thankfully these numbers cannot changed.
Although there is one hard fork in the distant future for bitcoin, but that is for another time.
thejohn
npub1hy…ww8ln
2023-04-20 02:42:16
in reply to nevent1q…pvqj
Author Public Key
npub1hyzknmraw54wgx3feeq0expyazgf5ead7p8hd290xrkfcwjuz88stww8lnPublished at
2023-04-20 02:42:16Event JSON
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"pubkey": "b90569ec7d752ae41a29ce40fc9824e8909a67adf04f76a8af30ec9c3a5c11cf",
"created_at": 1681958536,
"kind": 1,
"tags": [
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"content": "Agree. Yes how did Satoshi get Bitcoin so right? Even after he combined so many existing discoveries like proof of work \u0026 linked chain of database blocks, he added in the difficulty adjustment. On top of that the numbers he chose were near perfect, including blocks targeting 600 sec, 1mb block limit, 2016 block difficulty adjustment period, 210,000 block halving leading to 21 M bitcoin total.\n\nChanging any of these numbers would be similar to changing the charge of an electron, or the strength of gravity. Our universe would drastically change forever.\n\nThankfully these numbers cannot changed.\n\nAlthough there is one hard fork in the distant future for bitcoin, but that is for another time.",
"sig": "f8adcb19d2f6ffc506d1f87c4c8bd99e8a00c3f041c144c9f8875d8d9b95eb6b4df5ad0c1cd5700641d74ff51dc6136d66bcb205939666e9d977e8795749feb7"
}