4 ms·
Vitalik touched on this topic some years ago. "Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastru
by noman-land 3y ago
Vitalik touched on this topic some years ago.
"Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastructural central point of failure) but they are logically centralized (there is one commonly agreed state and the system behaves like a single computer)"
https://medium.com/@VitalikButerin/the-meaning-of-decentralization-a0c92b76a274 https://medium.com/@VitalikButerin/the-meaning-of-decentrali...