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Topic	I'm glad we've finally stopped talking about blockchain
Anteaterking 04/20/23 5:09:41 PM #38:	ironman2009 posted... In theory nobody owns the block chain. If you hold coins you can validate transactions and vote on protocol. Some chains are centralized by people that hold a large amount of available coins though. I mean there's centralization in a number of different ways. With e.g. Bitcoin, mining is fairly centralized, the actual software is centralized (yeah hypothetically everyone could choose to go away from the main core developers but why would they), on/off ramps are centralized, who controls most of the money is centralized, etc. etc. etc. --- http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg <cite>Anteaterking posted [p:972970339] in I'm glad w... [t:80418454]...</cite> <quote>ironman2009 posted... </cite><quote>In theory nobody owns the block chain. If you hold coins you can validate transactions and vote on protocol. Some chains are centralized by people that hold a large amount of available coins though.</quote>I mean there's centralization in a number of different ways. With e.g. Bitcoin, mining is fairly centralized, the actual software is centralized (yeah hypothetically everyone could choose to go away from the main core developers but why would they), on/off ramps are centralized, who controls most of the money is centralized, etc. etc. etc. --- http://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpghttp://i18.photobucket.com/albums/b136/Anteaterking/scan00021.jpg</quote> ... Copied to Clipboard!
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