Cryptocurrency Q&A
How can Bitcoin be changed?
How can Bitcoin be changed?
Raffaele
Sat Nov 30 2024
|
6 answers
1143
I'm curious about the possibilities of altering Bitcoin. Is there a way to modify its underlying structure or mechanisms? If so, how can these changes be implemented and what impact would they have on the overall Bitcoin network?
6 answers
HanRiverVisionary
Mon Dec 02 2024
Bitcoin's supply cap is not a rigid constraint.
Was this helpful?
183
27
Silvia
Mon Dec 02 2024
It is theoretically possible to alter this cap by making changes to the cryptocurrency's foundational code.
Was this helpful?
248
35
Margherita
Sun Dec 01 2024
However, such modifications do not occur arbitrarily.
Was this helpful?
95
53
Dario
Sun Dec 01 2024
Bitcoin operates on a decentralized software platform, meaning any alterations must undergo a rigorous approval process.
Was this helpful?
77
81
Margherita
Sun Dec 01 2024
Developers, stakeholders, and the broader community must reach a consensus before any changes can be implemented.
Was this helpful?
236
80
Load 5 more related questions
