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Opinion is moving against the Core devs who currently control the code that nearly everyone is using to run the Bitcoin system. What the Bitcoin community is l
by jcoffland 11y ago
Opinion is moving against the Core devs who currently control the code that nearly everyone is using to run the Bitcoin system. What the Bitcoin community is learning is that you cannot have a decentralized monetary system controlled by a centralized group of programmers with out running in to conflicts of interest. Decisions about the direction of Bitcoin's future should not be made by a few coders, and the people pulling their strings, behind closed doors. Bitcoin needs competing teams of developers. Miners and node operators need to use a variety of softwares in order to support an ecosystem of dev teams. These softwares must interoperate with one another but do not have to operate in exactly the same way. Consensus will come about when a sufficient number of dev teams decide to implement a certain feature and miners chose to run their code. The methods for voting for new features via the Bitvoin network are already established. As new features are implemented they should be developed by multiple teams in parallel so that there is less risk of catastrophic failure due to everyone running the same software with the same set of bugs. This concept runs contrary to how nearly every other software system we know works. Thus the current growing pains.
Ultimately crypto-currency will win out in some form. But please don't invest in it now. You'll only dilute the profits of those willing to take on early stage risks.