Bitcoin 21M Cap Debate Erupts After StarkWare CEO’s 4% Proposal
10 Articles
10 Articles
Bitcoin's 21 Million Cap "Doesn't Make Sense," Says StarkWare CEO Bitcoin ETHNews
StarkWare CEO Eli Ben-Sasson proposed replacing Bitcoin’s fixed supply cap with a capped annual issuance rate. His core argument is that lost private keys permanently shrink the usable supply. The Bitcoin community rejected the idea, treating the 21 million limit as the network’s social contract. Any change to the cap would require a contentious hard fork, which remains highly unlikely. The Bitcoin 21 million cap, the single most defended number…
Why keep a bitcoin with a limited amount of 21 million units? This no longer makes any sense for the CEO of StarkWare, who proposes to replace this obsolete model with an annual emission rate of 4%. The maximalists in PLS... The article "Limiting Bitcoin's offer no longer makes any sense" - StarkWare's boss proposes an annual emission rate of 4% appeared first on Cryptoast.
StarkWare's CEO's proposal to replace the limit of 21 million Bitcoin with an annual issue of up to 4% reopened one of the ecosystem's most sensitive debates: if the permanent loss of coins and the fall of the block subsidy threaten the future safety of the network. *** Eli Ben-Sasson argued that between BTC 3,000,000 and BTC 4,000,000 would have been lost forever, reducing Bitcoin's usable supply. His proposal seeks to maintain a permanent subs…
Increase Bitcoin Supply By 4% Every Year Says Eli Ben-Sasson
The post Increase Bitcoin Supply By 4% Every Year, Says Zcash Co-Founder Eli Ben-Sasson appeared first on Coinpedia Fintech News Bitcoin’s fixed 21 million supply has always been one of the biggest reasons investors call it digital gold. But now, Zcash co-founder and StarkWare CEO Eli Ben-Sasson suggests Bitcoin should remove its supply cap and allow the supply to grow by up to 4% every year. Here’s why he is proposing such a major change. …
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