Is it the miners? The developers? The nodes? Who really defines Bitcoin, who establishes the rules that make it immutable, secures it against unwanted change, and determines the protocol that distinguish a random integer, from a true Bitcoin integer?
A great piece by John Carvalho. One of the most succinct explanations on defining Bitcoin without any unnecessary technical confusion. A necessity for the Cryptoconomy Audio Library, and a wonderful follow up to the recent BTC vs BSV debate on the Hotep Jesus show.
Don't forget to drop some applause on the original article below, and follow the author, @BitcoinErrorLog, on Twitter:
https://medium.com/@BitcoinErrorLog/who-secures-bitcoin-95b19bbcda3c
https://twitter.com/BitcoinErrorLog
If you want to support the show AND join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
“I’m going to expose the Washington Post/Wonkblog piece for the nonsensical ramble that it is… in short, it relies on mistaken assumptions to paint...
"My problem with the core side has been what we talked about with the people that are technical and don't have the empathy or...
"The government is more than half of the economy. They control everything.What this new battleground is showing is that in the Bitcoin world, within...