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Exactly. Blockchain is genuinely radical - but its primary benefit is trustless decentralisation. When a single entity controls all the nodes then you don't hav
by zik 8y ago
Exactly. Blockchain is genuinely radical - but its primary benefit is trustless decentralisation. When a single entity controls all the nodes then you don't have decentralisation any more and you might as well just use a conventional database.
The real problem here is organisations jumping on the bandwagon without really understanding what they're doing.
- st26 8y agoWhich is my biggest issue with most mainline coins, I believe they will ultimately incentivize centralization.