3 ms·
They aren't too official, and there has been controversy recently over how much power they have.
by milkey_mouse 11y ago
They aren't too official, and there has been controversy recently over how much power they have.
- cheez 11y agoWhat I'm getting at is how is Ethereum immune to the social factors currently plaguing Bitcoin? I don't see anything except "trust us".
- DennisP 11y agoI thought my comment amounted to more than "trust us." Development is less centralized, since Ethereum is defined by a spec and there are seven independent implementations, and proof of stake aligns incentives better than mining. But I'd only claim it's more resistant, not immune.
- cheez 11y agoThe reason I likened it to HTTP is because of the browser wars and how the big players can influence the spec. Now we're talking about money and the same possibility of big players emerging. It sounds like what you're saying is "yes, big players will emerge but something will keep them in check." What is that thing?