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Re:Bitcoin blockchain issue - Mt Gox Bitcoin deposits tempor... by bcl on Tuesday March 12, 2013 @09:47AM (#5361739)
The software is the central authority. As far as I have been able to tell there is no decent specification, like an RFC, that you could use to build other client implementations from so you are all at the mercy of the bugs in a single piece of software.
Re:Bitcoin blockchain issue - Mt Gox Bitcoin deposits tempor... by illuminate on Tuesday March 12, 2013 @01:09PM (#5363175)
"The software is the central authority."

The collective "authority" decides how the bugs are to be addressed. Bitcoin is not fully autonomous and without social guidance.