ezyang’s blog

the arc of software bends towards understanding


Bitcoin is not decentralized

Bitcoin was designed by Satoshi Nakamoto, and the primary client is developed by a bunch of folks at bitcoin.org. Do you care who these people are? In theory, you shouldn’t: all they do is develop an open source client for an open source protocol. Anyone else can develop their own client (and some people have) […]

  • June 1, 2011