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Cryptocurrencies don't make any sense unless they're decentralized and not controlled by governments You can seat the people representing 90 % of hashing power
by HarryHirsch 9y ago
Cryptocurrencies don't make any sense unless they're decentralized and not controlled by governments
You can seat the people representing 90 % of hashing power on a stage: https://twitter.com/lopp/status/673398201307664384 https://twitter.com/lopp/status/673398201307664384
That's decentralization now?!
- tfha 9y agoThere's a meme that hashing power is equal to control, but the truth is that having a hashrate majority gives you a pretty limited set of powers, and if you abuse them you will see people flee to other cryptocurrencies or systems.