Professionals and cons of including divisibility to the Bitcoin protocol

Professionals and cons of including divisibility to the Bitcoin protocol


PROS:

  • We might be able to adapt charges. If the value of a bitcoin reaches $10M, transactions might be inevitably costly. Having an empty mempool, an inexpensive transaction 219vB, will price $21.9. Small UTXOs might be pointless to be moved. This example incentives centralisation through the use of "Bitcoin banks" that as an alternative of successfully shifting bitcoin via the community, will transfer customers balances. These companies (like Strike) will present low cost "transactions" and lots of customers will want this.

CONS:

  • It requires a tough fork.

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