&gt;permissionless and decentralized nature of governance.<p>I was under the impression that more than 50% of the mining power is controlled by a very small set of Chinese miners. Could they not wreak major havoc by deciding to tweak the protocol themselves or not adopt certain features?<p>Similarly, what happens if the few bitcoin core developers decided to do something nefarious with the client. Surely they would be caught right away, but then how would the community decide on what software&#x2F;protocol to use?