Mike Hearn: Bitcoin’s "Young, Unripened Democracy" Suffers Under Authoritarian Developers

Mike Hearn: Bitcoin’s "Young, Unripened Democracy" Suffers Under Authoritarian Developers

Long one of the most important developers in Bitcoin, Mike Hearn rewrote much of Satoshi Nakamoto’s code. Hearn also openly theorized about what the technology’s potential and future uses could be.

In a much-publicized decision, Hearn divorced Bitcoin last fall, causing high drama in the Bitcoin community. He had been pondering how the cryptocurrency could lend itself to more users, and grew discontent with the Bitcoin community’s inability to adapt.

Hearn Divorces Bitcoin

A Medium post he wrote, highlighting his thoughts and his intentions to separate from the first digital currency and work with R3 CEV, was viewed by the Community as a shot across the bow. In a recent interview with a Swiss publication, Handelszeitung, he revealed why he held no regrets about stepping away from the cryptocurrency, ultimately concluding, “there is no trust in the Bitcoin Community.”

Hearn describes in the interview how people in the developer scene do

Read more ... source: TheBitcoinNews

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