What Bitcoin's white paper got right, wrong, and what we still don't know

https://www.coindesk.com/what-bitcoins-white-paper-got-right-wrong-and-what-we-still-dont-know

Ran across this article. First time I've ever seen someone suggest that the BTC whitepaper isn't flawless. Worth at read

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    madexcelmadexcel Reputation: 50
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    Great article thanks for posting this. Many, many interesting points including:


    Simplistic attack analysis. The Bitcoin white paper devotes a relatively large amount of space (about a quarter of the text) to analyzing the chances of a miner with less than 51% mining power successfully launching a fork by getting lucky. Subsequent analysis has identified many other attack vectors (such as selfish mining) and this analysis now looks dated.


    4d3ff374988da61a09e32c55956e5862
    NodyNody Reputation: 103
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    This is the best argument I've seen for the case that Bitcoin is a prototype, a brilliant prototype, but a prototype. The next generation of asset-backed stable coins are going to iron out the majority of these issues, and will have a real-world use beyond speculation.

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    HopeHKHopeHK Reputation: 2
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    New coins in the future might solve some inherent problems with Bitcoin. But it will be a really long time, if ever before BTC is replaced as the predominant cryptocurrency. There are loads of cases throughout history where a lesser product dominated simply because of band recognition and a head start in the marketplace.

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    Hans2000Hans2000 Reputation: 0
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    would be interesting to run the bitcoin white paper through the BLX accreditation process just to see what the bounty hunters find

    2ac82a4bba9be019d442b24f48546c38
    RosiRosi Reputation: 1
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    @hans2000 put a bounty) But seriously, Bitcoin can be improved upon obviously but the whitepaper was written before we had a decade of experience. It wouldn't be fair to pick it apart at this point.

    e78e96a4ea45b43cedbd6c68ffcafff8
    DNXDNX Reputation: 1
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    Looks like there is a new copyright claim on the BTC whitepaper:

    https://bitcoinist.com/bitcoin-whitepaper-second-copyright-craig-wright/

    4ea7d2263e5205313e1642a4f742196c
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