2 ms·
I am confused - What is the flaw exactly? Voting through mining hashrates has been the hallmark feature of cryptocurrencies - the "decentralized" network.
by thisisit 9y ago
I am confused - What is the flaw exactly? Voting through mining hashrates has been the hallmark feature of cryptocurrencies - the "decentralized" network.
- sillysaurus3 9y agoThe flaw is that people are nervous their basis for wealth is tied to a democratized system. There's never been anything like it in history. Maybe it will prove to be a strength. But the BTC/BCH war makes it less than clear. If your net worth can evaporate overnight, people are inherently less trusting of the system. It's a nice tulip farm though. I think it will top out in the 5 digit range.
- jfoutz 9y ago> The flaw is that people are nervous their basis for wealth is tied to a democratized system. There's never been anything like it in history. Isn’t stock like this? Shares get votes and stuff. Or maybe you’re being ironic?