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Which, as always, raises the question of why a blockchain is necessary. If the creators' master key can be trusted with the power to decide who gets new coins,
by teraflop 5y ago
Which, as always, raises the question of why a blockchain is necessary. If the creators' master key can be trusted with the power to decide who gets new coins, why don't the creators just store everyone's account balance in a database, and get rid of the enormous performance and energy costs of a distributed ledger?
- mempko 5y agoExactly!
- _jal 5y ago> raises the question of why a blockchain is necessary For marketing, of course. Blockchains are magic, the rubes won't flock otherwise.
- tlrobinson 5y agoI don't know anything about Worldcoin specifically, but you could argue a case for an initial period of semi-centralized "fair" distribution, after which the protocol would (verifiably) cease to allow minting of new coins.