Why Bitcoin’s Fixed Supply Schedule Is Hard to Change
bitcoin’s fixed supply is enforced by consensus rules embedded in node software. Changing it would demand near-unanimous agreement, risking chain splits and loss of network trust.
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.
Bitcoin’s Global Network: How Decentralization Works
bitcoin’s global network is a decentralized system where thousands of independent nodes validate transactions, maintain the ledger, and secure the system without any central authority.
Understanding What Happens in a Bitcoin Hard Fork
A bitcoin hard fork occurs when the network’s rules change in a way that is not backward-compatible, splitting the blockchain into two separate chains and creating distinct assets.