The Bitcoin Constitution: Michael Saylor's Immutability Doctrine and the Risk of Governance Ossification
Michael Saylor did not just call Bitcoin code a constitution. He drew a line ...
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Fear
Market Sentiment
Block reward reduced to 3.125 BTC
Team and early investor shares released
Raises validator limit and account abstraction
Block reward halving event
92 million ARB released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
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