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Bitcoin is extremely centralized. Every transaction is recorded in a centralized ledger. That ledger may be distributed, but that's not the same thing as being
by kibwen 4y ago
Bitcoin is extremely centralized. Every transaction is recorded in a centralized ledger. That ledger may be distributed, but that's not the same thing as being decentralized.
- can16358p 4y agoThere's nothing preventing anyone from mining blocks, either individually or in a pool, and broadcasting newly found blocks to the network to be permanently and uncensorably added to the ledger.