A Bitcoin core code administrator left on Thursday. Currently, only 5 people have the right to modify the code

On February 17, it was reported that a Bitcoin core code administrator had left on Thursday. Currently, only 5 people have the right to modify the code. According to the previous statistics of Andrew Chow, the Bitcoin core developer, only 17 people including him have obtained the right to change the Bitcoin core code since its launch in 2009, including Nakamoto, Martti Malmi (Sirius, sirius_m), Gavin Andresen, Gloria Zhao (glozow), etc.

Interpretation of this information:

The recent departure of a Bitcoin core code administrator has sparked concerns over the concentration of power in the hands of a few individuals who have the authority to modify the code. Currently, only five people hold this right, and the departure of one of them has raised questions about the stability and decentralization of the Bitcoin network. Andrew Chow, a Bitcoin core developer, has revealed that only 17 people, including Nakamoto, Martti Malmi, Gavin Andresen, and Gloria Zhao, have had the privilege of changing the Bitcoin core code since its inception in 2009. This small group of individuals has a significant influence on the direction of the network and its technology, making it imperative to maintain transparency and decentralization.

The departure of a Bitcoin core code administrator highlights the importance of diversifying power within the Bitcoin network. The concentration of authority in the hands of a few individuals creates a sense of vulnerability in the system, particularly because any error or inappropriate modification of the core code could lead to network instability or even a complete breakdown. Therefore, efforts should be made to broaden the base of individuals who have the right to modify the code, thereby safeguarding the system against individual malfeasance or misjudgment.

The statistics provided by Andrew Chow raise important questions about the governance of the Bitcoin network. It is concerning that such a small group of individuals has been given the authority to alter the core code of a network that aims to be decentralized and democratic. The concentration of power within the hands of a few individuals goes against the fundamentals of blockchain technology, and reinforces the need for measures to decentralize the network and strengthen its security.

In conclusion, the departure of a Bitcoin core code administrator has shed light on the concentration of power within a few individuals, who hold the right to modify the core code of the Bitcoin network. The limit of only five people with this authority makes the system vulnerable to errors or inappropriate modifications. Blockchain technology was developed with decentralization as its guiding principle, thus, measures must be taken to broaden the base of individuals with the right to modify the code for enhancing transparency and security.