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1. It doesn’t matter whether the software that implements the central coordinator is open source, because the entire challenge of creating digital money is dece
by runeks 9y ago
1. It doesn’t matter whether the software that implements the central coordinator is open source, because the entire challenge of creating digital money is decentralized trust. Chaumian Cash solved digital money with a central issuer long ago.
2. Bitcoin had no privileged nodes, nor does it now. All miners compete on the same terms. A central coordinator by definiton does not, or it wouldn’t be centralized.