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It's a fundamental architectural decision that has both advantages and disadvantages. It means that there is no single point of failure, but it also means that
by nokcha 9y ago
It's a fundamental architectural decision that has both advantages and disadvantages. It means that there is no single point of failure, but it also means that it's difficult or impossible for the system to remedy things such as theft.
- skybrian 9y agoYes, and even the "no single point of failure" thing is overrated. For people using cryptocurrency to try to do things (as opposed to the system perpetuating itself), there are lots of risks caused by irreversibility.