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Author: Admin | 2025-04-28
Really does what it is supposed to do, that it doesn’t do anything else than what is supposed to do, and that it doesn’t have any malware that may, for example, steal user funds underhand.The answer is: We don’t.“Being open source means anyone can independently review the code. If it was closed source, nobody could verify the security. I think it’s essential for a program of this nature to be open source.”— Satoshi NakamotoBitcoin is Free Open Source Software after all and an important *part* of what that means is that the Bitcoin source code is not encrypted, hidden or exclusively available to a select few like in Closed Source Software; quite the contrary, it is open and publicly accessible for everyone to audit and reviewers are explicitly welcome to do so. This is a feature. Anyone can open the Bitcoin source code, read it, run it, review it and verify what the software does, that it does exactly that and nothing else than what it is supposed to do.“Don’t trust, verify.”Bitcoin MantraMany have done exactly that in the past 12 years: at the very most hackers have been looking for holes and weaknesses in the Bitcoin code, some of them motivated by the prospect of cashing in a huge prize money if they succeed in breaking Bitcoin; others to avoid such malicious exploitation that could mean a devastating blow for the network that they rely on and want to protect.As a result, the Bitcoin code is (probably) the most
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