BIP Bounties To Change Bitcoin Improvement – Bitcoin Journal

That is an opinion editorial by Ariel Deschapell, co-founder of multi-cloud internet hosting platform Hydra Host, senior fellow at Lincoln Community and a staff member at

The concept that Bitcoin lacks innovation in comparison with different cryptocurrencies is pervasive, however is it true?

The Bitcoin protocol undergoes important adjustments far more slowly than different cryptocurrencies, the newest, in fact, being the implementation and activation of Taproot. However it is a function, not a bug.

As the inspiration of a large open-source ecosystem, adjustments needs to be properly thought out and will persistently show widespread consensus that the advantages of the change outweigh prices. Whereas true and customarily accepted, this line of considering may also be a cop out. It’s vital to acknowledge the need of consensus, however we should assume deeply about what consensus means, how it’s achieved and the way we might probably enhance upon the way it occurs.

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