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I'm not sure I agree with this article. It's like saying the web is centralized because everyone has to use the same web technologies. Decentralization is about
by lucasmullens 5y ago
I'm not sure I agree with this article. It's like saying the web is centralized because everyone has to use the same web technologies. Decentralization is about how many people have control, not about how many choices in technology there are.
If something like a social network on top of Bitcoin takes off, the Crypto Bros will have far, far less control than Mark Zuckerberg does over Facebook.
- skulk 5y agoTFA addresses your claim. > The idea of the Decentralised Autonomous Organisation that runs itself by consensus, where nobody is really in charge, is illusory. Some individuals will always find a way to be more influential, whether that’s through money, connections or rhetoric. A DAO doesn’t change this simple fact of life; it simply hides it with a new layer of obfuscation.
- im3w1l 5y agoThat's like saying that dictatorship is better than democracy, because someone will always be more influential and democracy just hides it.
- ryan_lane 5y agoIt's more like saying "Just because you call yourself the democratic nation of x doesn't mean your country is a democracy."
- jjk166 5y agoNo, parent comment's analogy is much closer.
- ryan_lane 5y agoIf the DAO has a number of members, but a single individual in the DAO has wrangled control from the other members (through any number of means), then it's not a democracy, it's a dictatorship. DAOs don't solve socio-political issues, because technology can't do so.
- deleted 5y ago[deleted]