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I agree the block-chain structure and cryptography are cool, but why do 1000 people need to be deeply incentivized instead of 1?

• Karunamon 4y ago
  The same reason half the internet falls over when AWS us-east1 does: single points of failure suck. And this is a level of resiliency you automatically get by virtue of being on a public blockchain being used for other things.
  • RC_ITR 4y ago
    >The same reason half the internet falls over when AWS us-east1 So your argument is that the internet would be better if instead of the cloud, we had a bunch of tiny datacenters dispersed around the world? Didn't we do that for like the first 20 years of the Internet (you know, when it was a way way worse experience)? And couldn't a centralized operator do that anyway? Don't you remember how unreliable bittorrent peers were? You want to go back to that?