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But if the vast majority of people want the convenient feature-rich centralised version, why pay for the immense inefficiencies that a decentralised infrastruct
by FabHK 5y ago
But if the vast majority of people want the convenient feature-rich centralised version, why pay for the immense inefficiencies that a decentralised infrastructure incurs?
Just one example: If everyone on earth used Bitcoin, there'd just be enough capacity for everyone to get in around one or two transactions in their lifetime.
Decentralization at the core is a massive waste, while providing almost no benefit except to a very few.
- seibelj 5y ago
- Tenoke 5y agoIf you build with centralization on top you can ignore most of the inefficiencies by doing the majority of operations outside of the base Blockchain and only integrate and settle just enough on-chain to be able to integrate with the rest.
- ilaksh 5y agoArguing against cryptocurrency by using bitcoin as an example is like arguing against aviation by citing an early Wright crash.