Who Controls Bitcoin Core? Programmer explains.




Who are the people in charge of maintaining the Bitcoin Core code repository and what kind of influence does GitHub have over the development process? We also discuss the Lightning Network, as some people in the crypto space claim that Lightning Network was invented by the banks…

https://cheddar.com/videos/facebook-blockchain-group-on-hiring-spree-for-cryptocurrency
https://medium.com/@lopp/who-controls-bitcoin-core-c55c0af91b8a

Who Controls Bitcoin Core? (article by Jameson Lopp) from Bitcoin

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Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.

Ivan on Tech by Ivan Liljeqvist

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46 Comments

  1. Great info Ivan, I agree mostly, I do worry about leadership in Bitcoin core as the lead devs are essentially in a position of political power. Were they elected into that position? Who voted for them? As certain countries begin to consider the integration of blockchain into their national infrastructure, these questions become more and more relevant.

  2. Of course the Elite control it otherwise it would never have been allowed any publicity – it would have been DOA.
    And you can bet its all back doored as well.

  3. As a regular lurker in the Bitcoin Cash space, I have NEVER heard a member of the community promote/want Lightning Network… I call BS. Also, before the story went that Gavin's access was revoked due to them thinking his account had been compromised. I've never heard anyone but you claim that it was due to inactivity. It kind of seems like you're making some things up.

  4. As a non- IT person I really appreciate your analysis and it begs me to learn more. For example, what about the architecture of "layer one" prevents changes in "layer two" running on top of it from affecting it, but yet transactions records are running on both? Are the same tranactions running on both (redundancy?)?

  5. Can you not misrepresent the position of bitcoin cash supporters? They specifically stated that they are not against lightning. They are however against the idea of using lightning as a pancreas to solve all scaling issues to the exclusion of improving the base layer, aka blocksize increase.

  6. Im soooooo tired of these old shitfaced 100 year old billionaires manipulating everything and ruining good things for common people……..i wish they would just hurry up and die

  7. Thank you again for a great video. Your calm fair nature, combined with excitement for the industry and consistent delivery are why people put their trust into your content.

  8. Will the LN work in a way, where every business who wants to accept bitcoin just opens their own node for transactions, or will there be many businesses and individuals on every node?

  9. Sorry Ivan, you're young and definitely naive. The MO of the controllers is to take over anything that becomes popular in the current western culture. BTC is no different. If you think it is you're just naive. BTC is no closer to mainstream adoption than 2 years ago and Lightning has yet to prove anything.

  10. Forcing out the most competent original developers such as Gavin Andresen and Mike Hearn from the Core team and calling them unqualified because they don't have doctorate degrees is just one of Blockstream tactics to take over BTC. Replacing the team with Blockstream employees is another. Then sucking and destroying value of BTC by moving on-chain transactions to Lightning is another. Lightning can now be easily centralized and controlled when everyone is forced to create payment channels to a handful of giant hubs/nodes who can easily track payments. These mega lightning nodes are worse than the tracking capabilities of a bank. Let alone that Lightning is flawed because it is a specialized payment method, not a general one that consumers use. It is a netting system among peers who transact with each other very frequently then settle the net differences at a later date. But consumers don't pay this way because it's inconvenient, ties up BTC in the payment channel, and they must plan ahead for every cup of coffee and stick of gum they want to purchase. Stupid.

  11. Who calls it "bitcoin core" anymore? It's just "bitcoin." The one and only truly decentralized cryptocurrency. That's it.

  12. yooo… question for you mr. ivan…. I love the purpose the creation of crypto, especially bitcoin. But I afraid bitcoin would be inflated also by hardfork all over and over again. Just like fiat kept printed again and again.. Yes it's bitcoin. The one crypto and the first digital currency that cant be inflated, had a fixed supply 21000000 and nothing more. gonna have lighting network upgrade, great…. but.. more times goes on, there's a risk of some different person within the community keep adding copycat bitcoin's' because some reasons. Like bcash sv and bcash abc, like Eth classic and ethereum.. I afraid list getting longer in the future and crypto are more worst even compare to fiat money overall. So.. enlight me please mr ivan with a great answer…

  13. Smashed.
    The 25 minutes I spend with you every morning flies by faster than [almost] any other 25 minutes of the day.

    Hey, no Saturday or Sunday any more? What happened to CryptoNeverSleeps? You must be organizing your life for maximum efficiency (also known as "getting old"). Welcome to the club. -Grandpa

  14. I´m stuck in the last academy product. I thought it would be more commercial and business oriented, not only programming side. I´ve been on the hole 3 courses.

  15. Without Blockstream, and just increasing the block size. Bitcoin might still have been in the $20k or higher range. As they say, when retail investors miss the boat, they miss the boat. When institutional investors miss the boat, they bring the boat back…. 20k to 3k…..we're almost back at the shipping port. Lol

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