Wright Advocates Fixed Bitcoin Protocol to Preserve Decentralization

Self-proclaimed Satoshi Craig Wright believes that Bitcoin's protocol should remain permanently fixed rather than being modified through developer-led upgrades.

In a recent statement, Wright argued that innovation should occur at the application layer while the base protocol remains unchanged, citing concerns about governance and decentralization.

According to Wright, limiting transaction capacity, changing consensus rules, and excluding dissenting voices contradict Bitcoin's original design, which aimed to eliminate the need to trust any individual or committee.

'The protocol should be fixed so that no developer, miner, exchange, foundation or corporation can rewrite the rules for its own benefit,' Wright wrote. 'This creates a level playing field, enabling businesses to compete without worrying that future software upgrades could undermine their investments or alter the network's fundamental operation.'