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RE: Is BTC Safe from 'Overprinting'
Part of the magic of bitcoin and many alt coins is that they are based on decentralized, open source platforms. A patent would indicate a centralized owner and that defeats one of the main advantages of public blockchain based coins. I don’t worry about the forks. Bitcoins recent fall is just a normal consequence of such a rapid rise. Forks represent innovation and competition, which in the long run puts pressure on bitcoin to innovate and improve scalability and functionality. Patience friend.
That's an interesting insight. So it is possible for BTC to innovate and tinker with scalability and functionality without actually forking? Or does ANY change in the BTC lead to a de facto fork?
Innovations can come through backwards compatible soft forks or through hard forks which aren’t backwards compatible. The scaling debate within the BTC community centers around which upgrade and scaling approach is appropriate to ensure the security and integrity of the blockchain is maintained.