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In the Bitcoin development process, there exists the following high-level structure of control:
- Anyone can submit a BIP that aims to change bitcoin core
- The BIP must be approved by an editor
- The BIP must be voted in with 95% confidence from the miners
- The community must upgrade to the new software version
As a Full Node community member, I have always updated my node to the latest version of Bitcoin core. A good answer would make me dispel my doubts regarding the next questions:
- What should I consider or be aware of when updating to the latest software version?
- What are the criteria for the Bitcoin protocol to consolidate at community/ network level in comparison to TCP/IP protocol for example?
- Are there any kind of changes which require additional caution from the network partecipants (full nodes)?
Thank you.
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