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Started By
Message
re: Official CryptoTalk Thread
Posted on 3/27/24 at 4:18 pm to I Love Bama
Posted on 3/27/24 at 4:18 pm to I Love Bama
quote:
What does ETH do on a daily basis? It has a geek in charge who changes the rules every few years. It's a JOKE.
That's incorrect.
Ethereum was conceived by VB, but he does not run it. He's basically a PR person at this point. He can not change anything. It is run on community consensus. Upgrades (many of which have been on the roadmap since day 1) are brought up and voted on. Updates are then coded, tested on multiple test nets, and then rolled out to mainnet, at which point the larger community has the choice to upgrade or not. If the majority do not see it as being a good thing, then the protocol does not change.
A huge benefit of Bitcoin is that it is nigh impossible to change.
A huge benefit of Ethereum is that it can be changed.
2
Posted on 3/27/24 at 9:04 pm to BottomlandBrew
quote:
benefit of Bitcoin is that it is nigh impossible to change.
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