Cryptocurrency Q&A
Who runs the Ethereum code?
Who runs the Ethereum code?
Davide
Fri Jun 28 2024
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6 answers
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Could you elaborate on the governance structure behind Ethereum? Who ultimately holds the reins of the codebase? Is it a centralized entity, a consortium, or a fully decentralized community? How do updates and changes to the Ethereum protocol get implemented? Are there specific individuals or groups with the authority to make such decisions, or does it involve a consensus process? Understanding the governance model of Ethereum is crucial for assessing its long-term stability and potential for growth.
6 answers
Alessandra
Sun Jun 30 2024
The decentralized nature of Ethereum ensures that no single entity holds unilateral control or ownership over the protocol.
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Claudio
Sun Jun 30 2024
This ensures the transparency, neutrality, and resilience of the network, as decisions are made collectively by the community rather than a single entity.
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Chloe_jackson_athlete
Sun Jun 30 2024
Developers from all corners of the globe collaborate to improve Ethereum's functionality, scalability, and security.
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CryptoNinja
Sun Jun 30 2024
Ethereum, an open-source and decentralized network, is upheld and steered by a vast decentralized community of developers.
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Giulia
Sun Jun 30 2024
Among the various exchanges that support Ethereum trading, BTCC stands as a notable example. Based in the UK, BTCC offers comprehensive cryptocurrency services including spot trading, futures trading, and wallet management.
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