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But then it’s not decentralized, which is bad, because decentralized is good, even if all the decentralized infrastructure is entirely owned, controlled and mod
by unsupp0rted 4y ago
But then it’s not decentralized, which is bad, because decentralized is good, even if all the decentralized infrastructure is entirely owned, controlled and modified by a central entity unilaterally on a whim.
- Zoadian 4y agoyou don't need a blockchain to decentralise anything. blockchain only makes sense in a case where there is no central authority.
- deleted 4y ago[deleted]
- Gigachad 4y agoThe ASX is already centralised.
- helsinkiandrew 4y agoA Stock Exchange is the antithesis of a distributed system. The reason they exist is so it's a central place where everyone goes to buy and sell and the prices are public and fair. And a clearing house is by its nature a centralised system (A owes B $100, B owes C $100, so A gives C $100) That's why the majority of crypto is bought and sold at crypto exchanges rather than on the blockchain.
- blitzar 4y agoMirror the DB across two servers, boom decentralized achievement unlocked