Governance

in #m7 years ago

Bitcoin was initially led by Satoshi Nakamoto. Nakamoto stepped back in 2010 and handed the network alert key to Gavin Andresen.Andresen stated he subsequently sought to decentralize control stating: "As soon as Satoshi stepped back and threw the project onto my shoulders, one of the first things I did was try to decentralize that. So, if I get hit by a bus, it would be clear that the project would go on." This left opportunity for controversy to develop over the future development path of bitcoin. The reference implementation of the bitcoin protocol called Bitcoin Core obtained competing versions that propose to solve various governance and blocksize debates; as of August 2017, the alternatives were called Bitcoin XT, Bitcoin Classic, Bitcoin Unlimited and BTC1.

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