The Bitcoin network is owned by no one and is maintained and validated by thousands of users around the world. This makes Bitcoin a truly decentralized, open and permissionless network.

Anyone in the world can install and run the Bitcoin software, called a full node, to validate its rules. Further, anyone can propose changes to Bitcoin’s protocols through the Bitcoin Improvement Proposal (BIP) process.

Contrary to popular belief, Bitcoin miners do not own or operate the Bitcoin network. Miners provide a valuable service in validating transactions and creating blocks on the Blockchain, but they do not control the Bitcoin software or the network that runs it.