Participants in the Bitcoin Ecosystem

Now more and more people are beginning to pay attention to the broader "Bitcoin ecology". The Bitcoin ecosystem originated from Ordinals. If you are optimistic about this ecosystem and the track, this article will help you understand your better position in the ecosystem and give full play to your own strengths.

Currently, the key participants in the Bitcoin ecosystem are: miners, developers, end users (traders/community), investors, education and researchers, regulatory agencies, etc.

Miners: Through their computing power, miners create new Bitcoins in the blockchain and verify and record Bitcoin transactions, providing security to the network. In the Bitcoin ecosystem, the attitude of miners greatly affects the development of the BTC ecosystem;

Developers: These participants are responsible for creating, maintaining, and improving the Bitcoin protocol and related software applications. This includes developers of bitcoin core, open source protocols, developers of ecological products, etc.;

End users (traders): They use Bitcoin to buy and sell, purchase goods or services in the ecosystem, or engage in speculative transactions. A group of users with the same ideals gradually grows into a distinctive community, also known as an important part of the ecology, controlling traffic and;

Investors: They buy and hold products and services in the Bitcoin ecosystem, hoping to obtain high returns in the medium to long term, such as VCs, large investment institutions and individuals.

Education and researchers: In the Bitcoin ecosystem, education and researchers play a vital role. They are a key force in understanding, explaining, and improving Bitcoin technology. Their role is to help the public understand Bitcoin, promote technological improvements, and make decisions for the future development of Bitcoin.

Regulators: Any Bitcoin transaction may be affected by government actions, and the role of regulators is to formulate and enforce relevant compliance rules.

Even in this seemingly complex ecosystem, every participant plays an important role in maintaining the continued operation and value expression of Bitcoin, the largest consensus.

The picture is the homepage of the PPT for the conference on May 13 this year. This conference is mainly about Ordinals. Next time there may be more discussion topics on the BTC protocol, projects, and ecology.permissionless