Who Controls BitcoinCryptocurrencies 0 Comments
As indicated by Gavin Andresen, a software developer best known for his involvement with bitcoin, the primary thing he concentrated on after Nakamoto proceeded onward from the project was further decentralization. Andersen wanted Bitcoin to proceed with its existence autonomously, regardless of whether he would ‘get hit by a bus’.
For many individuals, the primary advantage of Bitcoin is its autonomy from world governments, banks and enterprises. No authority can middle into BTC exchanges, impose exchange fees or take people’ money away. Besides, the Bitcoin development is to a great degree transparent – each and every exchange is being put away in an enormous distributed public ledger called the Blockchain.
Basically, while Bitcoin isn’t being controlled as a system, it gives its users total control over their money.