A Theory of Bitcoin Governance

This is the ideal bitcoin governance system. You may not like it, but this is what peak performance looks like.

The Branches of Bitcoin’s Governance

Checks and balances between Miners, Nodes, and Developers
  • Core Developers like it because privacy is a value they hold in high esteem
  • Economic Nodes are split: some believe it ruins auditability of 21M, others don’t care
  • Miners are split: the minority in remote oil fields are against (assuming CTs increase verification time or block transmission bandwidth), but the majority are in favor due to potentially higher fees

I like the 🌽

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

The highest trading productivity is ensured thanks to the Pump Signals trading information, which…

Snowman DAO — It’s Time for a Rewards Based Winter Wonderland

FCF Payment Gateway

Crypto Market Psychology: Key To Understanding Trends and Behaviours

Comparing Apple’s Growth With Bitcoin, Why This Expert Sets $700K As Long-Term Goal

New Rally Creator Spotlight

Ethereum (ETH) is on the Rise in 2020 Giving Strong Indicators for the Future.

WallStreetBets Launches Exchange Traded Portfolios (ETPs) on Balancer V2

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Ryan Gentry

Ryan Gentry

I like the 🌽

More from Medium

I’ve Studied Dozens of Famous Product Launches That Flopped Because of These 5 Critical Mistakes…

Changing the channel: is video waging a war against words?

2030 TOP 80 | TECH TRENDS OF THE DECADE | PART 4

MYSTERY RESOLVED! CEOs are not from Mars or Venus of even from Pluto!