Bitcoin runs on 3 power centers:
• Nodes = transaction validation power
• Miners = computational security power
• Holders = capital/economic power
Protocol changes only happen when all 3 align. No single group can force anything.
This is why $BTC stays decentralized while others get captured. The trinity of power keeps everyone honest.
Pure game theory in action.
• Nodes = transaction validation power
• Miners = computational security power
• Holders = capital/economic power
Protocol changes only happen when all 3 align. No single group can force anything.
This is why $BTC stays decentralized while others get captured. The trinity of power keeps everyone honest.
Pure game theory in action.