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Cyberapital Founder Justin Bons Said on Social Media: BTC’s Governance Is a Dictatorship, and Ethereum Has a Wider Node Diversity and Is Better

June 26 (Cointime) -The governance of BTC is effectively centralized under Bitcoin Core, with only one lead maintainer having the final say, making it a sort of dictatorship. However, like all dictatorships, there are limits to what they can do. But that's still a complete twist on true decentralization! The Bitcoin CoreCore decision (a centralized party) governs the code running on the BTC network and has now reached over 98% dominance power…. Ethereum is better due to having a wider diversity of nodes. Both BTC and ETH have "off-chain" governance, which is nothing more than a decentralized show. While people can choose to run what they want to run, they cannot simply not upgrade.

Bitcoin Bitcoin $98,015.56
+0.46%
BTC Ethereum decentralization
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