彼得·托德（Peter Todd

有影響力的比特幣開發商之一彼得·托德（Peter Todd）（也有傳言說是HBO紀錄片中的Satoshi），他說，將來比特幣可能不會有硬上限，並且每年會增加1％。

One of the influential Bitcoin developers, Peter Todd (who is also rumored to be Satoshi in the HBO documentary), has stated that Bitcoin may not have a hard cap in the future and will inflate by 1% a year.

有影響力的比特幣開發商之一彼得·托德（Peter Todd）（也有傳聞中也是HBO紀錄片中的Satoshi）表示，將來比特幣可能不會有硬上限，並且每年將膨脹1％。

Did you laugh out loud? Many on the internet have alleged that “21 million BTC” is Bitcoin’s best narrative.

你大聲笑了嗎？互聯網上的許多人聲稱“ 2100萬BTC”是比特幣最好的敘述。

Bitcoin’s fixed supply of 21 million coins has been its defining feature, positioning it as “digital gold” in a world of fiat currency inflation. What happens if that disappears?

比特幣的固定供應2100萬個硬幣一直是其定義功能，將其定位為菲亞特貨幣通貨膨脹世界中的“數字黃金”。如果那消失了怎麼辦？

The Origins of Bitcoin’s Hard Cap

比特幣硬帽的起源

Who is Peter Todd? In the new HBO doc “Money Electric,” Peter Todd, a key Bitcoin developer, is identified as Satoshi Nakamoto, the creator of Bitcoin.

彼得·托德（Peter Todd）是誰？在新的HBO Doc“ Money Electric”中，主要比特幣開發人員彼得·托德（Peter Todd）被確定為比特幣的創建者Satoshi Nakamoto。

Todd, pictured above, is exactly what you might expect Satoshi to look like. To quote a Weird Al song: “White & Nerdy.”

如上圖所示，托德正是您可能期望的薩托西的樣子。引用一首奇怪的歌曲：“ White＆nerdy。”

While Bitcoin’s supply limit has become central to its value proposition, it’s not explicitly written in its source code. Rather, it arises from the coinbase reward schedule, which halves roughly every four years until the final coin arrives in 2140. This gradual slowdown is designed to taper new issuance over time.

儘管比特幣的供應限制已成為其價值主張的核心，但它並未在其源代碼中明確編寫。相反，它是由Coinbase獎勵時間表產生的，該計劃大約每四年一半，直到最後一枚硬幣在2140年到來。這種逐漸的放緩旨在隨著時間的流逝而逐漸變細。

Peter Todd has proposed rethinking the sacred cap entirely, introducing a small, steady inflation rate to keep miners incentivized when block rewards end. It’s a controversial idea, but one gaining traction among those worried about future security risks.

彼得·托德（Peter Todd）提出了完全重新思考神聖的帽子，引入了一個較小的穩定通貨膨脹率，以使礦工在阻止獎勵結束時激勵礦工。這是一個有爭議的想法，但是在擔心未來安全風險的人中，人們會受到關注。

Altering Bitcoin’s 21 million cap isn’t as simple as flipping a switch. It would require a formal Bitcoin Improvement Proposal, extensive peer review, and broad consensus from the ecosystem, especially the roughly 22,000 active nodes that keep the network running.

改變比特幣的2100萬蓋並不像翻轉開關那樣簡單。這將需要正式的比特幣改進建議，廣泛的同行評審以及生態系統的廣泛共識，尤其是使網絡運行的大約22,000個活躍節點。

Without near-unanimous agreement, the move could trigger a hard fork, fracturing the chain as it did in 2017 with the creation of Bitcoin Cash.

如果沒有幾乎一致的協議，此舉可能會引發硬叉，像2017年創建比特幣現金一樣將鏈條破裂。

The Community Backlash

社區反彈

Trying to lift Bitcoin’s supply cap is like trying to rewrite scripture—and the faithful aren’t having it. According to some analysts, its hard limit is the linchpin of its legitimacy.

試圖提起比特幣的供應帽就像試圖重寫聖經一樣，而信徒則沒有。根據一些分析師的說法，其硬限制是其合法性的關鍵。

“Changing it would undermine trust in the system,” said Virginia Canter. “Scarcity is the story.”

弗吉尼亞·坎特（Virginia Canter）說：“改變它將破壞對系統的信任。” “稀缺是故事。”

And history hasn’t been kind to internal fights. The blocksize drama that split the community between 2015 and 2017 is a case study in how quickly technical debates can become ideological wars.

歷史對內部戰鬥並不友善。在2015年至2017年之間將社區分裂的封鎖戲劇是技術辯論可以變成意識形態戰爭的案例研究。

Long term, though, a different issue looms: once all 21 million BTC are mined, miners will be chasing fees alone. That raises a bigger question—will that be enough to keep people satisfied?

但是，從長遠來看，一個不同的問題迫在眉睫：一旦全部2100萬BTC開採，礦工將僅追逐費用。這引發了一個更大的問題 - 這足以使人們滿意嗎？

What’s Next for Bitcoin?

比特幣的下一步是什麼？

For now, tampering with Bitcoin’s 21 million hard cap remains speculative.

目前，對比特幣的2100萬硬帽篡改仍然是投機性的。

The steep technical and political hurdles and the potential market fallout make it unlikely in the short term. But the conversation highlights how Bitcoin is still evolving and nothing is certain even with BTC.

陡峭的技術和政治障礙以及潛在的市場後果使它在短期內不太可能。但是對話強調了比特幣仍在發展，即使BTC也沒有肯定。

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease

探索：XRP價格在SEC加密單元取笑之後上漲11％

Join The 99Bitcoins News Discord Here For The Latest Market Updates

在此處加入99bitcoins新聞不及以獲取最新市場更新

Key Takeaways

關鍵要點

An influential Bitcoin developer, Peter Todd, has stated that Bitcoin may not have a hard cap in the future and will inflate by 1% a year.

有影響力的比特幣開發商彼得·托德（Peter Todd）表示，將來比特幣可能沒有硬上限，並且每年將增加1％。

This comment follows a suggestion by Todd to introduce a small, steady inflation rate to keep miners motivated when block rewards cease.

該評論遵循托德提出的建議，以引入一個較小的通貨膨脹率，以使礦工在阻止獎勵停止時保持動力。

The idea of Bitcoin having no hard cap and inflating by 1% a year is a subject of amusement among some members of the online community.

比特幣沒有硬上限和每年膨脹1％的想法是在線社區的一些成員中的娛樂性。

Many have asserted that "21 million BTC" is the best narrative surrounding the cryptocurrency.

許多人斷言“ 2100萬BTC”是圍繞加密貨幣的最好的敘述。

The implications of Bitcoin losing its fixed supply of 21 million coins are significant, as it is often touted as "digital gold" in contrast to fiat currencies known for inflation.

比特幣失去其固定供應2100萬枚硬幣的含義是顯著的，因為它通常被稱為“數字黃金”，而與通貨膨脹聞名的法定貨幣相比。

Highlighting the topic further, a new HBO documentary, "Money Electric," identifies Todd as the creator of Bitcoin, Satoshi Nakamoto.

進一步強調了這個主題，這是一部新的HBO紀錄片“ Money Electric”，將Todd確定為比特幣的創建者Satoshi Nakamoto。

The documentary claims that while Bitcoin's supply limit is a key aspect of its value proposition, it's not explicitly written in the coin's source code. Rather, it arises from the coinbase reward schedule, which halves roughly every four years until the final coin arrives in 2140.

該紀錄片聲稱，雖然比特幣的供應限制是其價值主張的關鍵方面，但它並未明確編寫在硬幣的源代碼中。相反，它源於Coinbase獎勵時間表，該時間表大約每四年一半，直到最後一枚硬幣在2140年到來。

This setup is designed to gradually slow down the pace of new issuance.

該設置旨在逐漸減慢新發行的速度。

suggest that a small, steady inflation rate could be introduced to keep miners motivated when block rewards end. This would help in continuing to secure the network.

表明可以引入較小的穩定通貨膨脹率，以使礦工在獎勵結束時保持動力。這將有助於繼續保護網絡。

To alter Bitcoin's 21 million cap, a formal Bitcoin Improvement Proposal, extensive peer review, and broad consensus from the ecosystem would be required.

要改變比特幣的2100萬個上限，將需要一項正式的比特幣改進建議，廣泛的同行評審以及生態系統的廣泛共識。

The move would also need the agreement of the roughly 22,000 active nodes that keep the network running. Otherwise, the move could trigger a hard fork, much like the one that led to the creation of Bitcoin Cash in 2017.

此舉還需要大約22,000個活躍節點的協議，以使網絡運行。否則，此舉可能會觸發硬叉，就像導致2017年創建比特幣現金的叉子一樣。

Several community

幾個社區