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> There's a lot more entities Yes. That's decentralization. Rather than trusting one person irrevocably, you trust cryptographic security and the rational econ
by syzygyhack 4y ago
> There's a lot more entities
Yes. That's decentralization. Rather than trusting one person irrevocably, you trust cryptographic security and the rational economics that emerge from alignment of incentive. Minimal trust in all other actors in the system, rather than maximum trust in one entity.
> it becomes harder to understand
Not really.. The general principles underlying blockchain are relatively simple. I'd agree that the finer implementation details can be complex, especially when it comes to consensus, sharding, or cryptography. But that varies between protocols.
Do you have any examples of the assertions you find hard to follow?
- nosianu 4y ago>> it becomes harder to understand > Not really.. Oh Yes! As usual in blockchain defense, you must make a lot of assertions. > Yes. That's decentralization. Please not that tone. You don't assume you need to teach me, I even did some programming when this was new to try out the new tech. The proponents always only ever have a lot of hot air and a lot of faith, but never anything real.
- deleted 4y ago[deleted]