Bitcoin Governance

What is Bitcoin governance?

What is the purpose of Bitcoin’s governance?

  • Matt Corallo argues that trustlessness is the most important property of Bitcoin. Matt defines trustlessness as “the ability to use Bitcoin without trusting anything but the open-source software you run”. Without the property of trustlessness, all other positive outcomes are jeopardized.
  • Daniel Krawisz argues that maximizing the value of a bitcoin is what governance de facto optimizes for. Daniel states that “the general rule about Bitcoin upgrades […] is that upgrades which increase Bitcoin’s value will be adopted and those which do not will not.”

How does the current Bitcoin governance process work?






Has the current Bitcoin governance model resulted in more trustlessness?

Has the current Bitcoin governance model resulted in upgrades that increase Bitcoin’s value?




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Pierre Rochard

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