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The consistent problem with decentralized everything is fraud. Centralized organizations spend immense amounts of time and effort fighting fraud and ultimately
by some_random 4y ago
The consistent problem with decentralized everything is fraud. Centralized organizations spend immense amounts of time and effort fighting fraud and ultimately eating some of it as a cost of doing business. As soon as you start decentralizing, either fraud needs to be eliminated entirely (good fucking luck with that lol, if you have a way to do this there are easily millions in it for you elsewhere) or it's going to be shouldered by users.
- TEP_Kim_Il_Sung 4y agoBut who will guard the guards?
- some_random 4y agoIn a centralized business, it's a standard corporate governance model. Which works great except for all the times it doesn't lol, but it's a known quantity. I've never heard of a decentralized equivalent that isn't just centralization with some extra steps.