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23 sats \ 7 replies \ @Scoresby OP 13 Mar \ parent \ on: Should Mars have its own Bitcoin chain? bitcoin
But why? My question is why any of that (or a soft fork) is necessary when a new chain can follow pretty much the same consensus rules.
If we want more blockspace (or more users at a lower fee level) why not just start a second chain? Why add complexity to get the same result?
because a new chain will be issuing more coins, inflating the limit of 21m sats
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Disagree. They wouldn't be sats, they'd be whatever the people using the chain want to call them.
This is the difference between whether you think it is the chain history that makes it Bitcoin or the consensus rules.
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if you don't care to use hard money, no one can force you to. bitcoin is not just the consensus rules or a "blockchain technology". it is a hard limit and network effect that cannot be repeated.
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This is one of the points I find most interesting: is there some special about btc and how it got started, such that no other chain, even using the same consensus rules, can ever duplicate it?
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yes. first mover advantage and immaculate conception.
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Is it the same result, when accounting for whatever interplanetary commerce will be happening?
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This is a very interesting point. I imagine people would probably agree to settle in whatever currency is most conducive to that particular trade (kinda like international trade now).
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