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Who manages Bitcoin?

Pierre-Louis avatar
Written by Pierre-Louis
Updated this week

No one. And everyone at the same time.

There’s no company, government, or platform that controls Bitcoin — not even Bitstack!
Bitstack helps you buy, sell, and store your Bitcoin, but the Bitcoin network itself runs independently without a boss or central authority.


🕸 A network without a center

Bitcoin is powered by a decentralized network of thousands of computers around the world. These are called nodes.
Each node:

  • runs the Bitcoin software (which is free and open to anyone),

  • checks transactions to make sure they're valid,

  • and stores a full copy of Bitcoin's history (called the blockchain).

➡️ That means no single person or company can change the rules or the data.
Any changes to the network have to be agreed on by the majority of participants.


💡 No company, no foundation

Unlike many other cryptocurrencies, Bitcoin has no active founder, no company behind it, and no foundation running it.
This is actually one of Bitcoin’s biggest strengths: it’s truly independent and censorship-resistant.

  • It doesn’t rely on any business to keep running

  • No one can shut it down or take it over

  • It can survive even if an entire country tries to ban it


🧠 Who updates or improves Bitcoin?

Bitcoin’s code is open source, which means anyone can read it, suggest changes, or improve it.

A global community of volunteer developers works together to:

  • fix bugs,

  • improve security,

  • and suggest new features.

But here’s the key: nothing changes automatically.
For an update to go live, it has to be accepted and adopted by most of the network’s nodes.


📌 In summary

🧭 Bitcoin runs without a CEO, company, or central control.
It’s maintained by a global network of computers following shared rules.
And when those rules change, it’s only because the community agreed.

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