Bitcoin’s biggest danger is the Bitcoin network itself “ambitious opportunists” Michael Saylor (co-founder of Bitcoin) says that those who wish to change protocol are a minority.BTC( treasury Company Strategy.
Saylor’s comments ignited a discussion online. Bitcoin maximalist Justin Bechler said The comments are directed at software developers who push for Bitcoin to be used in non-monetary applications, like non-fungible tokens Blocks with images of (NFTs and) on-chain.
“The greatest risk to Bitcoin is quantum,” Investor Fred Krueger saidMert mumtaz is the CEO at Helius who provides remote procedure calls (RPC). He disagrees with Saylor. Mumtaz said:
“Absolute cancer of a mindset. ‘Ambitious people wanting to evolve this technology are our biggest risk.’ Nothing is infallible. certainly not Bitcoin, which has had tons of bugs until now, like all other software — perhaps let’s let those bugs stay instead of patching them.”
Mark of Bitcoin is one such user. cited The following are some of the ways to get in touch with us. ongoing spam wars You can also find out more about the following: Bitcoin Improvement Proposal 110 BIP-110 is a soft fork that filters out data other than monetary from the Bitcoin ledger.
Saylor’s post sparked a debate between Bitcoiners, who wanted to ossify protocol, and software developers who advocated for enhanced features in Bitcoin. quantum-resistant wallet addresses The onchain is a file system that stores files.
Related: Michael Saylor pushes back on criticism of Bitcoin treasury companies
Bitcoin’s community is still debating the threat of quantum computing
Quantum computing remains a topic of heated debate within the Bitcoin Community. Nic Carter, founding partner of Castle Island venture capital firm, has frequently warned The protocol must be updated to the post-quantum standard as quickly as possible.
Adam Back, CEO of Blockstream’s digital asset management company, has a different view. rebuffed Carter’s claims“Calling them” “uninformed.”
“Bitcoiners and developers are not in denial about defensively doing the research and development to prepare for future quantum computers. But they are just quietly doing research while you make uninformed noise,” Back to the Homepage said.
Bitcoin market expert James Check said Quantum computing is not a threat not affecting Bitcoin’s market priceHe attributed recent market decline to Bitcoin long-term holders selling their coins on the market.
Magazine: Quantum attacking Bitcoin would be a waste of time: Kevin O’Leary
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Source: cointelegraph.com
