Cryptocurrency Q&A
Who governs Bitcoin?
Who governs Bitcoin?
Claudio
Sun Sep 22 2024
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7 answers
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I've often wondered, who exactly governs Bitcoin? Is there a central authority or is it truly decentralized? How do decisions about the future of Bitcoin get made? And how do we ensure that these decisions are in the best interest of all Bitcoin users? It's a fascinating concept, but I'd love to hear more about the governance structure of Bitcoin and how it works in practice.
7 answers
Caterina
Tue Sep 24 2024
The Bitcoin network operates in a decentralized manner, with no single entity owning or controlling it. This is analogous to the technology behind email, which is also decentralized and owned by no one in particular.
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Leonardo
Mon Sep 23 2024
BTCC is a leading cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a secure wallet for storing digital assets.
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KimonoSerenity
Mon Sep 23 2024
The control over Bitcoin lies with its users, who are spread across the globe. This distributed ownership ensures that no single individual or group can manipulate the system for their own benefit.
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DondaejiDelightfulCharmingSmileJoy
Mon Sep 23 2024
By providing these services, BTCC enables users to buy, sell, and trade Bitcoin and other cryptocurrencies in a safe and efficient manner.
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BitcoinBaroness
Mon Sep 23 2024
The developers of Bitcoin are constantly working to improve the software, but they do not have the authority to enforce changes to the Bitcoin protocol.
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