Who Controls Bitcoin's Code?

Virtual Blake · Intermediate ·📰 AI News & Updates ·3y ago

About this lesson

#bitcoin #crypto #technology There are a lot of myths about who controls Bitcoin's code. Some say miners control the code, while others claim that the developers do. Neither is true. Due to its decentralization, everyone is able to control Bitcoin's code. Bitcoin acts like a democracy rather than a dictatorship. This allows Bitcoin to remain decentralized while still being able to update and change.

Original Description

#bitcoin #crypto #technology There are a lot of myths about who controls Bitcoin's code. Some say miners control the code, while others claim that the developers do. Neither is true. Due to its decentralization, everyone is able to control Bitcoin's code. Bitcoin acts like a democracy rather than a dictatorship. This allows Bitcoin to remain decentralized while still being able to update and change.

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