Hacker News new | ask | show | jobs
by zekevermillion 3806 days ago
Bitcoin is already specified. I doubt that nodes, miners, and the bitcoin richlist will converge around any alternative spec (whether XT or Litecoin) and decide to call it "bitcoin". However, the ecology of decentralized digital assets inspired by the nakamoto consensus has already fragmented and will continue to do so at an exponential rate. As a rough estimate let's say there are already 1000 bitcoin clones that have more than a handful of nodes and miners. I would not be surprised to see that number increase to 10,000 within 2016. That some of the individuals associated with Bitcoin Core are moving onto other projects is not going to mean very much one way or another for the original bitcoin spec, though we may see the Core project change. There are other alternatives for those who want to run an implementation of the original bitcoin spec. (http://thebitcoin.foundation/) And there are an exponentially growing number of alternative networks for those who do not.