How does a decentralized network make a decision?

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There are whispers that Michael Marquardt, aka Theymos, the top moderator of r/bitcoin, is to resign this Monday. The document will say Theymos needlessly divided the community and created an us-vs-them attitude among bitcoiners for no good reason. Theymos is expected to say he did what he thought was right and went against his own principles. However, since a grand compromise has now been ... The moderator of the bitcointalk forum and the bitcoin subreddit, Michael Marquardt aka Theymos, began to censor favorable mentions of bitcoin-xt, including posts from people like Gavin Andresen. This not only was a horrible disservice to the community and against the decentralized spirit of bitcoin, it reflected poorly on the core developers who stayed mum on his actions. They became guilty ... Recently, Michael Marquardt, popularly known as “Theymos”, BitcoinTalk administrator and also the moderator of Reddit /r/Bitcoin posted an announcement on his subreddit regarding the recently released Bitcoin core version 0.16.3. Through his post, he warns people of potential harm if they do not upgrade to the latest version available. He stated:Sponsored Links “0.16.3 was announced ..., an independent open source community website with contributors from around the world, received a donation of 14 Bitcoin ($120,000) on Monday. The donated money is said to go towards general upkeep of the site, translating the Bitcoin whitepaper into more languages, offering new content and creating a new introductory video. According to one of’s co-owners, this was ... BTC/USD is currently trading at $10,500 after a decent recovery from a low of $9,875 on Binance. The move followed the action of the U.S. stock market I love seeing new services constantly starting to accept Bitcoin. Bitcoin is really becoming “the currency of the Internet.” I’m most concerned by possible government reactions to Bitcoin. They can’t destroy Bitcoin, but they could really slow things down by making exchange much more difficult. – Michael Marquardt. News Source, the open source website now owned by the decentralized community of bitcoin enthusiasts has received 14 bitcoins valued at $120,000 on recorded as the largest gifting to the website in history. was originally set up by Satoshi Nakamoto, the inventor of Bitcoin and Martti Malmi, one of the first developers who helped to […]

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