And, just as
some Bitcoin adherents see a digital currency as a desirable alternative to traditional fiat currencies, some of those opposing a change are simply opposed to change period, at least to changing anything specifically designed by Satoshi.
Last week, a new variant of bitcoin emerged via a «fork» in its underlying code, threatening to confuse and divide the still - small world of
bitcoin adherents.
While
Bitcoin adherents cite low fees as an advantage of the cryptocurrency over traditional finance networks, the median fee for a transaction reached $ 34 in late December.
It wasn't exactly a superheist, but it does nothing to assuage forfeiture critics or
Bitcoin adherents, many of whom embrace the currency precisely because they lack faith in the integrity of governments.
While
Bitcoin adherents cite low fees as an advantage of the cryptocurrency over traditional finance networks, the median fee for a transaction reached $ 34 in late December.
Not exact matches
Both
Bitcoin and its blockchain are gaining imitators as well as
adherents, along with plenty of critics, including Jamie Dimon, the chief executive officer of JPMorgan Chase & Co..
Ark Investment Management organizer and CEO Catherine Wood is a major
adherent to
bitcoin, which has seen an ascent of more than 1,300 percent in 2017.
Bitcoin isn't turning out to be the anti-state free - for - all that some of its
adherents wanted to see, but — for now — it's entrenching itself in more and more countries.
nChain also supports the formation of a neutral organization to ensure community consensus on the future direction of
Bitcoin protocol and technical standards, i.e. ensuring that
Bitcoin Core
adherents such as Greg Maxwell, Adam Back and their established banking industry backers can't hijack the technology for their personal enrichment.
Bitcoin is clearly not at all the direct democracy that many of its early
adherents imagined, and, some worry, if a centralized core of the
Bitcoin community is powerful enough to successfully undertake these emergency measures to set right the
Bitcoin blockchain, what else is it powerful enough to do?