Hard forks are only done once or twice a year so that's a good longer term solution, but not short term.
Even after a conversion hard fork is implemented, there may still be room for funds doing trading to fine tune the peg near $1, but we will see.
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is there a way we can allow more with soft forks (without risking chain security)? Would make things more flexible.
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Only for things that are limiting, not for new functionality (at least not without great complexity; it is indeed theoretically possible).
That's why RC is implemented as a soft fork and can be changed without a hard fork. All is does is limit the ability to perform transactions (when your RC runs out). Other soft forks have been used to block transactions taking advantage of exploits in the past. So again, limiting.
ok, thanks.
That's good to know.
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