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Author Topic: [2016-05-07] NDTV: Bitcoin Has Governance Problem, No Matter Who Created It  (Read 707 times)
polynesia (OP)
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May 09, 2016, 12:30:22 AM
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Bitcoin Has Governance Problem, No Matter Who Created It: Experts

http://profit.ndtv.com/news/forex/article-bitcoin-has-governance-problem-no-matter-who-created-it-experts-1403810

As one would-be father of bitcoin falls by the wayside, squabbling among the web-based currency's lead developers is exposing a fundamental flaw: it must evolve to meet growing demand, but may lack a governance structure to achieve this.

The latest bickering erupted after Australian entrepreneur Craig Wright promised to prove he was the mysterious creator of bitcoin - which allows users to move money across the world quickly and anonymously - but then said on Thursday he could not provide further evidence to back this up.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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May 09, 2016, 05:29:39 AM
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Its a anonymous which is meant to be not know to anybody. If its says its a governance problem than surely no government will support it  Angry
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