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The power of Bitcoin developers


The registration of the Unconfiscatable 2020 conference began at 8:00 a.m. Meanwhile, the start of the first conference was at 9:00 a.m. where they talked about what Bitcoin developers can and cannot do.

Bitcoin creator

Of course, we all know that the creator of Bitcoin is the
Satoshi Nakamoto still unknown. But the truth is that, after 10 years, there are
hundreds of people more involved in its development as software.

He said so, Mir, who assures, that to date there are several implementations (versions) of Bitcoin with its own developers responsible for keeping the code in good condition and improving its functions and scalability.

Bitcoin the strongest money in the world

On the other hand, he also talked about the money factor, highlighting that it is something very important for the human condition. Bitcoin and Blockchain technology allow financial sovereignty in a unique way in history.

He commented that Bitcoin is the most solid money in the world
I have met. Ensures that, as a developer, you can make it available to
all people, regardless of their age, sex, nationality or
economic situation.

He suggested, take advantage of the blockchain to create
Decentralized and censorship resistant applications. So, I know
I can help bring financial sovereignty to every corner of the world.

He also mentioned the chain applications, and noted that
they are: Distributed, immutable, decentralized, in short, the blockchain offers capabilities
extremely powerful

Another important point to note is that, the rapporteur suggested while talking a little about the decentralization of digital identity, that this and other basic infrastructure of our society are some of the most significant things that a developer can work on these days.

Mir exhibiting at Unconfiscatable 2020
Mir exhibiting at Unconfiscatable 2020

Decentralized consensus

One of the key features about decentralization
Bitcoin is that anyone who possesses the knowledge, in any
In the world, you can voluntarily collaborate in its development. Without
However, proposals to change the code must have consensus before
be approved

Although programmers improve the software, they cannot force
a change in the Bitcoin protocol because all other users are free
to choose the software and version they want. For them to remain
compatible with each other, all users need to use software that meets
With the same rules. Bitcoin can only work correctly if there is
consensus among all users.

This means that, while anyone can participate
in its development, it is impossible for a single or a small group to change the
protocol without the consent of the majority. Just as anyone can
participate in its development, everyone is free to use the version they want and
The protocol will follow the rules of the compatible software that most use.

In conclusion, about who is behind the development of Bitcoin: There are hundreds of people, organizations and companies throughout the world, who contribute both talent and economic resources. And this figure will only continue to grow at the same rate as Bitcoin.

More of the event

Today, as we announced earlier it will be a full day of sessions of speakers of the main personalities and experts of Bitcoin that focus on Bitcoin technology with an emphasis on scalability, privacy, finance, investments, commerce, laws and regulation.

Stay tuned for more information about Unconfiscatable 2020.

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Venezuelan, student of the last semester of Social Communication. Attracted by the new technologies and development that they offer to humanity.

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