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> No one cares about decentralization until there's a centralization failure It’s so wild to hear this, when, actually let’s just count some decentralized fail
by RC_ITR 4y ago
> No one cares about decentralization until there's a centralization failure
It’s so wild to hear this, when, actually let’s just count some decentralized failures.
1) Remember when Solana just turned off? I bet you do since it happens so often. (I know, it’s the miners fault; crypto can never fail, only be failed)
2)Remember when Bitcoin hard forked 8+ times and many of those forks suffered 51% attacks due to lack of interest? If decentralization were good, then why does everyone centralize on the original chain?
> The entire Internet is built on various levels/degrees of decentralization, and while there are performance costs, it's still usually cheaper than the alternative in the long term.
Explain to me how many machines running at under 100% capacity is cheaper. Why does the cloud exist if that’s the case?