this post was submitted on 01 May 2025
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Technology

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[–] Hirom@beehaw.org 1 points 1 day ago* (last edited 1 day ago) (1 children)

lol it can’t adjust on public approval. It’s software that runs.

It can. Software is written by people. Its authors can build it with an update mechanism.

Crypto currencies such as Tezos have a vote-based update mechanism and a community that periodically submits algorithm changes for approval.

Bitcoin doesn't have a update mechanism that allows smooth changes. Its take it or leave it (aka hard fork). Peole can move away from it, and it's sad that so many still haven't.

[–] locuester@lemmy.zip 1 points 2 hours ago* (last edited 2 hours ago)

It’s the same with all the chains. An algorithm change is a breaking change. If you don’t implement it, your validating node will not continue with the rest.

Bitcoin has the BIP (Bitcoin Improvement Proposal) process. BIP-52 is an example of a proposal to change the algorithm due to energy concerns.

If the humans reach consensus it will change. However, I maintain that software can’t be programmed to adjust for social concerns - the humans have to change it.