Have you ever wonder if bitcoin is being govern by any company?
No, because I read and understand the
Bitcoin Whitepaper correctly.
That is the unique thing about Bitcoin and its decentralized protocol
Exactly!
But the funny thing is that I believed before that the Bitcoin protocol can't be changed because it's decentralized. Until such time I discovered it is possible. Because Bitcoin protocol is governed by a decentralized community of developers and users who propose and implement changes to the protocol. Just like the Bitcoin network implemented a software upgrade called "
Segregated Witness" (
SegWit) to increase the network's transaction capacity and improve security by separating signature data from transaction data.