Sasha Klein
Sasha Klein
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A Modest Bitcoin Improvement Proposal, Proposal

A Modest Bitcoin Improvement Proposal, Proposal

Decentralized consensus isn’t easy. There’s a reason most companies have CEOs, and “non-hierarchical” organizations tend not to function well for long. Bitcoin’s decentralized governance is harder still: On top of decentralization, we layer a relative lack of official processes, standards and norms for group decision-making — we even lack clarity around when to make a decision at all. Jeremy Rubin’s recent proposal of a for Bitcoin improvement proposal (BIP)119 (OP_CTV) has brought these issues to the fore, illustrating just how difficult and amorphous the Bitcoin decision-making process...

May 3
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bitcoinmagazine.com

bitcoinmagazine.com

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