Updating Consensus

Avoiding double spends, confusion, forks, and attacks, aren't the only complexities of a decentralized consensus mechanism, what happens when you want to update the consensus rules? How to you change a protocol that no one controls? In the last part of Chapter 10 we'll read through the various mechanisms for updating the the Bitcoin code and consensus rules. Read the Chapter 10 from "Changing the Consensus Rules" till the end. 

Changing the Consensus Rules

The rules of consensus determine the validity of transactions and blocks. These rules are the basis for collaboration between all bitcoin nodes and are responsible for the convergence of all local perspectives into a single consistent blockchain across the entire network.

While the consensus rules are invariable in the short term and must be consistent across all nodes, they are not invariable in the long term. In order to evolve and develop the bitcoin system, the rules have to change from time to time to accommodate new features, improvements, or bug fixes. Unlike traditional software development, however, upgrades to a consensus system are much more difficult and require coordination between all the participants.

Source: Andreas M. Antonopoulos LLC, https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch10.asciidoc
Creative Commons License This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 License.