Michael Saylor: Bitcoin's 'Hard Consensus' Is Its Immune System, Making Bad Protocol Changes Difficult to Pass

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BlockBeats News, July 5th, Michael Saylor posted stating that Bitcoin's "Hard Consensus" is its immune system. Transaction fees determine block space pricing, nodes are responsible for setting network policy, miners are responsible for block construction, and hodlers express choice through capital allocation.

Saylor stated that any protocol changes must receive overwhelming community consensus to be adopted, so bad ideas are eliminated before becoming changes that harm the protocol.

Sumber: BlockBeats

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