According to BitMEX Research, Bitcoin Knots and Bitcoin Core were largely written by the same developers, making Knots an ineffective protest client against Core. Source: BitMEX Research on X, Oct 17, 2025. BitMEX Research points to its 2018 report Competing with Bitcoin Core, arguing that replacing Core is structurally difficult due to shared code and contributor overlap. Source: BitMEX Research, 2018. The comparison to the prior large blocker effort to 'fire Core' underscores governance cohesion across implementations, a context traders can use when evaluating BTC fork-risk headlines and client-diversity narratives. Source: BitMEX Research on X, Oct 17, 2025. Net takeaway for BTC trading: narratives claiming Knots can displace Core lack technical basis per the cited analysis, informing governance risk assessment for BTC. Source: BitMEX Research, 2018; BitMEX Research on X, Oct 17, 2025.