On January 9, 2025, a brand new Bitcoin launched its supply code.
The brand new Bitcoin is named Bitcoin Krypton. Bitcoin Krypton is a mining technique primarily based on proof of labor (PoW), the identical technique as Satoshi Nakamoto’s Bitcoin, and has a complete mining quantity of 21 million. Satoshi Kei, the founding father of Bitcoin Krypton, says:
The essence of Bitcoin will not be blockchain expertise.
By way of the white paper, Bitcoin clearly acknowledged that it’s “a peer-to-peer finance that can operate on its own without the intervention of a trusted third party”, and that the expertise that made this attainable is blockchain.
Right here, an important factor is that the essence of Bitcoin is “without the intervention of a trusted third party.”
Nonetheless, the present Bitcoin has modified an excessive amount of as a result of intervention of a trusted third get together. The 2017 Segwit replace was a supply code change by a bunch of trusted third-party builders to make use of the Lightning Community along with the unique distributed ledger as a way to obtain the purpose of decreasing the transaction velocity and price of Bitcoin.
It additionally calls into query the idea that the entire provide of Bitcoin shall be maintained at 21 million sooner or later.
What we have to obtain the complete purpose of Bitcoin is full decentralization with out the intervention of a trusted third get together, and to realize this, we want a brand new Bitcoin that may be maintained constantly with out updates at any level sooner or later.
We now have lastly achieved that, and now we’re about to take a brand new step. (Satoshi Kei)
To fulfill Bitcoin Krypton, go to
