3 ms·
That's part of it. The problem relating to centralized networks is trust or the lack thereof. Forcing or pressuring for collaboration through incentive structur
by loceng 9y ago
That's part of it. The problem relating to centralized networks is trust or the lack thereof. Forcing or pressuring for collaboration through incentive structures - that are structured as Pyramid-Ponzi schemes - is highly successful early on because of the potential reward, relatively little risk individually. This kind of incentive structure however promotes all kinds of bad behaviour, which can only be managed through a central-trusted governance - so then we're back to square one.