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RE: Bitcoin Mining Apocalypse? Programmer explains.

in #bitcoin7 years ago

I honestly don't see that ever happening. Bitcoin can't even agree on scaling solutions, so there's no way there will be consensus on removing the main thing Bitcoin maximalists all agree on.

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There doesn't need to be a consensus. Just take a look at the recent forks. It just takes a faction to decide they want to change the code and they can break away. Then if the original Bitcoin fails because of miner apocalypse and/or compromised security then the ones left standing are the fork who killed the block halving.

100 years is a long time to see something happening. 100 years ago we didn't even have TV, let alone the internet....