Set in stone – Protocol

Set in stone – protocol
https://t.me/joinchat/AAAAAET7DKG-eGFyL1xKJA

Protocol – Lesson nº 1

 

“…The reason Bitcoin, with the protocol being unchangeable, was set in stone is that when a system has fixed rules and competing systems need to be built upon such rules, not only do you get certainty, but there is no power from individuals seeking to subvert the system and change the rules. That is, small cliques of developers or node operators cannot change the rules to increase their own short-term profit”.

Is Code Really Law?

By Craig Wright | 16 Jun 2020

https://craigwright.net/blog/law-regulation/is-code-really-law/

« Back to Glossary Index

Written by Ramon Quesada

Passionate about Blockchain & Bitcoin technology since 2013, Co- Founder of https://avalbit.org, Team Manager in the CoinTelegraph Spain franchise (2016-2017 years) Co. Organizer of the Blockchain Boot camp Valencia 2018, Co. Organizer of the mini Hackathon BitcoinSV Barcelona, in August 2019, current coordinator of the BSV Valencia Meetup. https://telegra.ph/Ramon-Quesada---Links-01-10

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Metanet

Bucket shop (stock market)