Intro: Bitcoin Governance

We’ve discussed many of Bitcoin’s underlying mechanisms and protocols, but we haven’t talked about how those changes came to be.

People want to change Bitcoin for a plethora of reasons.

For example, some may feel that it needs to be tied in more to the original cypherpunk vision of decentralization, while others want higher levels of security.

In this section, we’ll be specifically talking about concerns of mining centralization, proposed changes to Bitcoin’s mining puzzle, and making consensus updates in Bitcoin.

Ensuring Decentralization