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.
Capitalizations Index – B ∞/21M
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.
bitcoin forks occur when network participants disagree on rules, causing the blockchain to split. This process can create new cryptocurrencies and impact security, fees, and user adoption.