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’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.
bitcoin operates as a decentralized network across thousands of global nodes, distributing ledger copies, validating transactions, and resisting censorship or centralized control through consensus and open participation.
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.