Hacker News new | ask | show | jobs
by nitid_name 4389 days ago
They do have a division limit though. One satoshi is only four orders of magnitude smaller than a penny (US).

EDIT: answered my own question

1 comments

The blockchain describes stakes in a conceptual ledger. The current limitations on divisibility are easy to change in the future. 21 million is arbitrary and meaningless.
> The current limitations on divisibility are easy to change in the future.

Not true.

> 21 million is arbitrary and meaningless.

Also not true.

Changing either of those things requires a hard fork of the network and a majority consensus among the miners globally which is in no way "easy to do".

It's easy to do if it will increase miner wealth, which a more useful currency will do.

Disagree with that all you want. My point is that it's possible. Speculating about the likelihood of it succeeding doesn't seem worthwhile to me.

Call it easy all you like, you're still incorrect.