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---
title: "bitcoin-governance"
tags:
---
"Bitcoin governance is the process by which a set of transaction and block verification rules are decided upon, implemented, and enforced, such that individuals adopt these rules for verifying that payments they received in transactions and blocks fit their subjective definition of “Bitcoin”. If two or more individuals adopt the same set validation of rules, they form an inter-subjective social consensus of what “Bitcoin” is."
purpose
- wide range of views
- some argue that trustlessness is most important (the ability to use it trusting only the open source software)
- some argue that maximizing the value of bitcoin is most important
the bitcoin governance process maintains a set of rules about
- syntax
- data structures
- resource usage limits
- sanity checks
- time locking
- reconciliation with the memory pool and main branch
- coinbase reward and fee calculation
- block header verification
-

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content/notes/blockchain-project.md
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@ -26,7 +26,7 @@ Blockchain technology falls into two distinct classes: open (permissionless) blo
- Shouldn't the system just work?
- Very broad question
- Maybe:
- Maintenance/Development of the codebase
- Maintenance/Development of the codebase (PIP/EIP?)
- Inviting/banning participants
- Conducting phsysical audits?
- [ ] Need to consider applications of decentralized identity technology
@ -37,6 +37,7 @@ Blockchain technology falls into two distinct classes: open (permissionless) blo
- [ ] Should the central/initiating groups retain higher privileges even after other participants have joined?
- [ ] Even if a farm says they didn't use some chemical, how does the blockchain verify that. Does someone need to go and physically audit them?
- Can the group, as a DAO almost, collectively employ someone to do this?
- I guess that still wouldn't stop the participant being audited from bribing them or something.
# Notes
- [think-writing/log](notes/think-writing.md)
@ -55,6 +56,7 @@ Blockchain technology falls into two distinct classes: open (permissionless) blo
- [CPR-governance](notes/CPR-governance.md)
- [eth-governance](notes/eth-governance.md)
- [food-manufacturing](notes/food-manufacturing.md)
- [bitcoin-governance](notes/bitcoin-governance.md)]
# Reading
## Blockchain Articles