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Friday, June 16, 2017

Bitcoin Scaling: How to Give Everyone More Control

Bitcoin Scaling: How to Give Everyone More Control

Politics has gripped bitcoin – it's about the only thing people have been wanting to talk about for the past few years.


I've written before about how the bitcoin ecosystem is like the three branches of government, with developers being the legislative branch, miners serving as the executive branch and users being the judicial branch. I've also written about how bitcoin changes through consensus, and how consensus is not supposed to be easy.


In this article, I examine an alternative path to the current political stalemate and how that can help empower developers, miners and users.


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