Cryptocurrency Q&A
What company controls Bitcoin?
What company controls Bitcoin?
CherryBlossomKiss
Mon Dec 16 2024
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5
answers
1053
I'm wondering which company has the authority or control over Bitcoin, the digital currency that's been gaining a lot of attention recently.
5 answers
Sara
Wed Dec 18 2024
Although developers can suggest modifications to the Bitcoin protocol, they cannot compel nodes to adopt these changes.
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EthereumEmpress
Wed Dec 18 2024
Bitcoin operates as a decentralized system governed by a set of rules.
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Raffaele
Wed Dec 18 2024
Unlike traditional systems, Bitcoin does not have a central authority or ruler dictating its operations.
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CrystalPulse
Wed Dec 18 2024
The absence of a single controlling entity ensures that no individual or group can wield undue influence over the network.
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DondaejiDelightfulCharmingSmile
Tue Dec 17 2024
Nodes, which are computers running the Bitcoin software, are essential for the network's functionality.
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