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> you can't really be part of the game without joining a pool. What do you mean by that? Is there a ban on independent mining? Or has starting a new pool becom
by rhn_mk1 4y ago
> you can't really be part of the game without joining a pool.
What do you mean by that? Is there a ban on independent mining? Or has starting a new pool become forbidden?
- rakoo 4y agoYou absolutely can [start your own pool], it just takes a lot of work to become profitable. Which is the only reason PoW blockchains still exist.
- rhn_mk1 4y agoThat's a far cry from "can't be part of the game" and "centralized" though.
- rakoo 4y agoHow do you buy/sell coins without going through a centralized service ?
- rhn_mk1 4y agoEven discounting the exchanging of coins in person, what is your definition of "centralized"? Exchanges are independent from each other, and they pop in and out of existence as the wind blows. I would call them as centralized as email servers are.
- rakoo 4y agoExactly, email servers like Gmail, Yahoo, hotmail are extremely centralized. Even if the protocol is open and anyone can technically speak on the same level, being big gives way more leverage over where the network is going. Being centralized is not just being unique, it's being so powerful you get to decide your users' experience, instead of users being in control.