Economics Finance Technology

Who is the Ruler?

Bitcoin is the open source software which means anyone can read its code and anyone can update their own copy with whatever code they want. This is the reason why there are tons of other so called alternative crypto currencies. Same as TCP/IP, Bitcoin is actually a protocol which is basically a set of rules that every bitcoin nodes have to follow to communicate with other nodes. So who actually makes the rule in Bitcoin? The rules of the Bitcoin is set in the Bitcoin Core Client.