News with the tag "Ossification"

Shinobi argued that the surge of institutional bitcoin adoption will lead to premature ossification of the Bitcoin protocol. While I share this concern to an extent, I am less convinced this is necessarily true.

Bitcoin ossification is ultimately the result of incentives and the size of the network making improving it impossible to coordinate. That happening too soon is not a good thing.

Bitcoin ossification refers to the process where changes to Bitcoin’s underlying protocol become increasingly difficult, potentially leading to a point where the protocol remains fixed and unchangeable. This concept is hotly debated within the Bitcoin community. Supporters of ossification argue that...

A warning to Bitcoiners about how complacency very easily paves the road towards failure.

Cobra, the pseudonymous owner and operator of Bitcoin.org, has predicted the next divide that will plague the Bitcoin ecosystem in the coming times. Cobra explained in social media that this conflict will face ossificationists (people that want Bitcoin to stay as it is), and improvers, who want Bitc...