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You do know people can launch a crowdfunding project that is decentralized, They don't need an ICO or blockchain, just a website. But there is a reason people
by will_brown 9y ago
You do know people can launch a crowdfunding project that is decentralized, They don't need an ICO or blockchain, just a website.
But there is a reason people don't do that, something to do with the value centralized platforms provide.
Plus I'm not entirely sure anyone should trust smart contracts to actually perform such a function, next thing you know someone other than the project created takes all the funds pursuant to the smart contract, but hey that's the beauty of a smart contract it's infallible, so what ever it does it was intended to do, be damned with what people thought and understood it would do.
- ge96 9y agoThe concept of decentralized apps, where does the initial copy come from that is then installed/copied onto other devices? (time to go read)
- will_brown 9y agoMaybe I'm wrong about my understanding....but maybe you are confusing decentralized with distributed.
- ge96 9y agoI'm pretty sure that I am unsure of what I'm talking about. Time to go read.