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> As usual crypto in practice is the opposite of decentralized Binance is a centralized exchange. There are both centralized and decentralized exchanges. > pe
by menzoic 4y ago
> As usual crypto in practice is the opposite of decentralized
Binance is a centralized exchange. There are both centralized and decentralized exchanges.
> people. Will. Not. Run. Their. Servers. Moxie nailed it
People don't need to run their own servers. They just need to use a light client which is even light even for mobile and browser extensions https://eth.wiki/concepts/light-client-protocol https://eth.wiki/concepts/light-client-protocol Light clients existed before Moxie's post
The only problem is adoption of secure practices by popular publishers, like Metamask.
Side note: Opensea isn't decentralized either, its a centralized NFT exchange.
- ricardobayes 4y agoGood luck getting people to use even a semi-updated web browser, let alone deal with an extension
- Siira 4y agoLaziness has costs, that’s not a new thing. You want something, you have to work for it.