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Threat is poor word choice. If blockchains don't provide good distributed service, then they simply won't be used, in which case they aren't much a threat. Ma
by em3rgent0rdr 10y ago
Threat is poor word choice. If blockchains don't provide good distributed service, then they simply won't be used, in which case they aren't much a threat. Maybe author should have use the thesis that blockchains aren't the end-all-be-all of the distributed internet.
- dilemma 10y agoNo, what the post is saying is that power will be consolidated among a very small number of very large players. The system won't be distributed but relatively centralized.
- em3rgent0rdr 10y agoIn which case it is not very effective. So it is not a threat.
- dilemma 10y agoWhat won't be effective and why?