Hacker News new | ask | show | jobs
by xiphias 3456 days ago
Bitcoin will get all features that Monero has, but security is still the most important aspect, so the maintainers take a very slow, conservative path (which I think is awesome for something so important). Segwit is still a great first step. It will take multiple years to get there...there's no rush though. People who really believe in BTC understand that it's not something that will be finished in 5-10 years.
1 comments

Bitcoin will get a minimum block reward that ensures miner incentives in perpetuity? Bitcoin will switch from secp256k1 to Curve25519? Bitcoin will get a dynamic block size limiter that adjusts with transactional demand?

You must be joking.

Dynamic block size makes it harder to reason about security of the system, so it's not a conservative choice. Adding another curve for signing won't be hard with segwit, the only question is if there is really enough demand for it (and it doesn't need a ,,switch'', both curves can be supported at the same time, and users can select which they want to use). One of the most interesting ideas right now that may be implemented in the future is mimblewimble, unless something better comes. But there are many other, easier to implement ideas talked about on the scaling bitcoin conferences.