Community Inability to Implement Upgrades
Criticism: The community may struggle to agree on and implement necessary upgrades, leaving the network vulnerable. If upgrades fail, Bitcoin could fall behind technologically, becoming less secure or competitive.
Top Counterargument:
We're thoroughly testing upgrades on testnets to build community confidence in changes.
Failure to Scale for Mass Adoption
Criticism: Limited transaction capacity could hinder Bitcoin's ability to handle global demand, driving users to alternatives. Without scaling, Bitcoin might become too slow and expensive for everyday use.
Top Counterargument:
We're exploring sidechains like the Liquid Network to handle additional transaction load while maintaining security.
Block Template Centralization in Mining
Criticism: Centralized mining pools controlling block templates could influence transaction validation, threatening decentralization. If not addressed, this could lead to transaction censorship and a loss of Bitcoin's trustless nature.
Top Counterargument:
We're educating miners about the importance of maintaining mining decentralization and censorship resistance.