The bitcoin protocol is limited only by the________rather than arbitrary parameters.
Tuesday, January 10, 2023
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Question: The bitcoin protocol is limited only by the________rather than arbitrary parameters.
The bitcoin protocol is limited only by the computing power of its users rather than arbitrary parameters. This is because of the principle of decentralization, which makes the system tolerant to arbitrary changes resulting in increased robustness. The idea behind bitcoin is that each individual node has to reach a consensus about the transactions it processes, and the system would be unable to survive if this consensus could be compromised.
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