Who Really Controls Bitcoin? Understanding Consensus Governance
Despite popular belief, no single entity controls bitcoin. Power is distributed across miners, node operators, developers, and users, whose consensus secures and governs the network.
Balancing Privacy and Crime in Bitcoin’s Pseudonymity
bitcoin’s pseudonymity protects user privacy but also attracts illicit activity. Effective policy must balance financial transparency, individual rights, and innovation.
Understanding Taproot: Bitcoin’s Powerful Upgrade
Taproot is a major bitcoin upgrade that enhances privacy, efficiency, and smart contract capabilities, enabling more flexible transactions while reducing data usage on the blockchain.
Understanding Bitcoin Multisig and Its Authorization
bitcoin multisig splits spending power across multiple keys, reducing single‑point risk. This article explains how multisig works, common M‑of‑N setups, and what “authorization” means in practice.
Understanding the Role of a Bitcoin Node Operator
A bitcoin node operator validates transactions, enforces consensus rules, and relays blocks across the network, helping maintain decentralization, security, and protocol integrity.
Who Controls Bitcoin? Consensus, Not a Single Entity
bitcoin isn’t run by one person or company; control emerges from decentralized consensus. Miners, node operators, developers and users coordinate protocol changes through open, rule-based processes.