Categories: CryptoNews

Creating New Technology Standards For Bitcoin Core Development

Throughout the years, several changes have been made to the Bitcoin Core code, allowing for new features, improved security, and ultimately, bigger network blocks. But it seems as if the developers want to revamp their code changes in the future, to engage more people in the future and development of Bitcoin.

Bitcoin Core Developers Want More Input

The way things work right now for Bitcoin Core is by letting community members propose ideas through a public mailing list. They will then have to wait to see whether or not enough people are in favour of this proposal, and if so, a BIP is created and submitted to GitHub. Once this step has been completed, the general Bitcoin community can post their comments and concerns regarding this topic.

Do keep in mind this is still a far cry from seeing this idea implemented in the Bitcoin Core client, though, as there is still a  review process that needs to take place. There is always a significant difference between wanting something to work, and making it behave as expected in a software environment.

Community members have taken somewhat of a liking to this approach, especially since every step is made public. However, the Bitcoin Core developers still have the final say in which changes are made in the end. But at the same time, a new proposal has been created to let community members weigh in more on upcoming features or changes to the Bitcoin client software.

Related Post

If these plans come to fruition, there will be a new system which lets anyone in the world weigh in on the future of Bitcoin Core development, without slowing down the development process itself. Doing so will require a better differentiation between different proposal types, which will [hopefully] invite more users to comment on what they hope to see in the future.

Creating a technology standard in the field of Bitcoin will be quite a challenge, though, despite there being the advantage of preventing enterprises from taking over the future of Bitcoin Core development. In the end, we all want to make Bitcoin better than it has ever been before while still keeping the same level of transparency in place. While there is still a lot of work to be done before a consensus system within all of Bitcoin’s key groups is established, the concept holds a lot of merit for the future.

Source: Qntra

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Starknet Introduces STRK20 To Bring Built-In Privacy To ERC-20 Tokens

The team behind Starknet has introduced a new token standard aimed at solving one of…

3 days ago

Meta Acquires Moltbook, A Social Network Built For AI Agents To Interact And Coordinate

In a move that highlights the growing race to build infrastructure for autonomous artificial intelligence,…

3 days ago

Polymarket Partners With Palantir To Develop AI Platform For Sports Betting Integrity

Prediction market platform Polymarket has entered a new partnership with Palantir Technologies and artificial intelligence…

3 days ago

Ethereum Foundation Begins Staking Treasury ETH Using Bitwise Infrastructure

The Ethereum Foundation has begun staking part of its treasury, marking a significant step in…

4 days ago

Cyberconnect And SurfAI Founder Reportedly Under Investigation In China

Fresh reports circulating in the crypto space suggest that Wei Jiequan, better known as Wilson…

4 days ago

Virtuals And dAI Launch ERC-8183 To Enable Trustless Agentic Commerce On Ethereum

The infrastructure powering autonomous AI agents on Ethereum is slowly coming together. Payments, trust layers,…

4 days ago