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The Future of Bitcoin’s Core Code

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On February 17, it was reported that a Bitcoin core code administrator had left on Thursday. Currently, only 5 people have the right to modify the code. Accord…

The Future of Bitcoin’s Core Code

On February 17, it was reported that a Bitcoin core code administrator had left on Thursday. Currently, only 5 people have the right to modify the code. According to the previous statistics of Andrew Chow, the Bitcoin core developer, only 17 people including him have obtained the right to change the Bitcoin core code since its launch in 2009, including Nakamoto, Martti Malmi (Sirius, sirius_m), Gavin Andresen, Gloria Zhao (glozow), etc.

A Bitcoin core code administrator left on Thursday. Currently, only 5 people have the right to modify the code

Interpretation of the news:


The news on February 17 regarding the departure of a Bitcoin core code administrator raised concerns about the future of the digital currency’s core code. Currently, only five individuals have the capability to modify the code. This fact coupled with the recently reported departure signifies possible future changes and updates to the code.

Since Bitcoin’s launch in 2009, only 17 people, including Nakamoto, Martti Malmi (Sirius, sirius_m), Gavin Andresen, and Gloria Zhao (glozow), have acquired the rights to modify the code. These individuals have been responsible for introducing new changes and updates to the functioning of Bitcoin’s digital monetary system.

The departure of an administrator can signify changes to the core code for a variety of reasons. Perhaps, the departing individual had a different vision for the coding of Bitcoin, and the remaining administrators will now have increased freedom to implement their own vision for the function of digital currency. Alternatively, the departure could have led to the reduction of the number of individuals responsible for the maintenance of the code, leading to a heavier workload for the remaining five code administrators. This workload could place greater responsibility and therefore, greater control in the hands of these five individuals.

The limited number of individuals with the ability to modify the code is significant. With such a small number of individuals responsible for updates and changes, it becomes crucial that these individuals work cohesively and with the best intentions for Bitcoin users. Changes to the core code have a direct impact on the functioning of the digital currency’s monetary system. For this reason, it is important that updates and changes made by the code administrators positively impact the functioning of the system.

In conclusion, the reported departure of a Bitcoin core code administrator and the limited number of people with the ability to modify the code point to various possible scenarios for the future of the digital financial system. For Bitcoin users, it is important to closely monitor future changes and updates to the code as they can have a direct impact on the functioning of the monetary system.

Overall, with the current situation, Bitcoin users can only wait and watch the next steps taken by the five individuals in charge of the code maintenance.

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