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This touches on an open question and design challenge in the crypto field: - How to programmatically/formally measure/characterize decentralization ? - How to
by leppr 8y ago
This touches on an open question and design challenge in the crypto field:
- How to programmatically/formally measure/characterize decentralization ?
- How to show the decentralization level of a particular dApp function execution to the user ?
In that case, a contract could be totally decentralized but the monetary value part of WBTC is external and centralized. That could be potentially very confusing and unexpected for a user if the WBTC redeeming process ultimately fell through, and they may come to blame other unrelated parts of the process.