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isn't this still sort of pseudo-centralized? my guess is that most people will trust the same handful of nodes.
by TheOsiris 12y ago
isn't this still sort of pseudo-centralized? my guess is that most people will trust the same handful of nodes.
- r721 12y agoIt's interesting how this suddenly shifts into "journalistic independence" territory - what about who reports on that? What if some influential source would receive some financial aid for proper reporting?
- JoelKatz 11y agoThis kind of "pseudo-centralized" is decentralized. When the "central authority" gets all of its power from individual participants who choose to follow it, and those participants are free to change the authorities at any time, that's a decentralized model. Bitcoin isn't centralized just because everyone has to agree on which transactions are valid.