TechFlow News, July 03, Michael Saylor stated that the future of Bitcoin is jointly shaped by the dynamic consensus among nodes, miners, and holders. Among them, the influence of nodes is embodied in transaction validation rights, miners in hash power, and holders in economic weight. Only when validation, security, and capital align on these three aspects can protocol changes potentially be approved.
He further pointed out that although forces at the brand, legal, political, technical, institutional, cultural, and physical levels may affect Bitcoin-related discussions, they cannot directly determine consensus outcomes; their role is mainly reflected in the persuasion, coordination, constraint, or mobilization of nodes, miners, and holders.
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