Most people think Bitcoin governance is decentralized. It’s not. Here's the uncomfortable truth: You don’t need 51% of miners to change Bitcoin. You just need 5 Core maintainers and a network of node operators who click “update” without reading. That’s not decentralization. That’s blind trust in a gatekeeping elite. Here is how. Bitcoin's 51% hashpower rule protects against double-spends, not protocol changes. Changing the rules requires consensus. but in practice, consensus often follows the code, not the other way around. When Core maintainers approve a change, it propagates silently. Most node operators don’t audit code. They trust. They comply. Exampl: #OPRETURN Core removed the 80-byte limit with almost no discussion. Thousands of nodes implemented it automatically. Most had no idea what changed. That quiet change triggered a silent revolt: #Knots node usage surged 137% as informed operators rejected Core’s move. But let’s be real: That’s a small, technical elite. Most #node runners are flying blind. This creates a hidden centralization vector: #Core devs don’t just write code. they decide which changes even get considered. If they don’t approve it, it doesn’t reach the network. They control what’s ‘acceptable’ and that shapes Bitcoin’s future more than most realize. They decide which changes are “reasonable.” And that shapes Bitcoin’s future. far more than people admit. This isn’t about malice. It’s about structure. Complexity creates dependence. And dependence creates power. #Bitcoin’ s biggest centralization risk isn’t hashpower. It’s the silent authority of trusted code maintainers (of the most dominated node sotwares out there) and the myth that decentralization protects us from that.

Replies (14)

Raoul Cavalli's avatar
Raoul Cavalli 7 months ago
I feel like an 18yrs girl driving a Lamborghini (same parallelism with running my node). No idea what happens under the hood.
This is why we need to demand more diverse node software, and especially code reviews by various experts in Bitcoin in code, game theory, economics, etc. It's not "trust the experts," it's give me enough information to make an informed choice.
"-SIlent authority of trust-" was always the biggest problem of democracy
Maybe the markets pumped Bitcoin as an asset because of the initial commitment to Bitcoin as a decentralised network. If the latter fades, so may the former. Maybe it’s FgU before NgU and not vice versa.
R's avatar
R 7 months ago
The bitcoin we use today is the result of the open source rough consensus process you say is centralized. We are in fact all talking about a proposed change before it happens and every node operator can then decide whether to update their software or not. Trying to ruin trust in the process and pushing people to software without that same in depth review process might be the real attack vector
Hard pills to swallow: nevent1qqszkvh62tqjn5srlxe574wc95ugjtxnn2k2dt4n56xmqxrhaxtn5jgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgq5829j
freedomist's avatar
freedomist 7 months ago
It will be good if there is a mailing list non-tech node operators can subscribe to, that breaks down latest updates in a way they can understand and decide to upgrade or not.
Remember when the OpenSSL stack in Linux had a backdoor engineered into it for years and years, despite many, many "peer reviews"? This situation with the Bitcoin network is extremely vulnerable, and I would go so far to say that it is already compromised. We just haven't found out yet. Based on the personality types involved with developing and maintaining these systems, it's inevitable that a secret king will pocket a whole lot of money to compromise the system because their feelings got hurt.
Definetly not technical elite, those WHO care enough to make a change . Thats who switcher to knotz, not your super technical people, im sure there is some overlap, but i would not consider myself techniccal elite, just cause i can follow straight forward directions.
> Core removed the 80-byte limit with almost no discussion. > Thousands of nodes implemented it automatically. This is complete nonsense. There has not been any removal or change of any limit. There has been ongoing discussion about potentially removing a limit for weeks now. There has not been any new release of Bitcoin Core that implements any change of policy in months. No nodes are implementing anything automatically.