ubiubi18

3 ms·

1. 1.▲
   by ubiubi18 6y ago

   people get multiple mining machines. Somw even multiple thousands. It is not necessarily about more democracy where one person has only one vote, but it is about more true decentralisation of control - as i understand it.
2. 2.▲
   by ubiubi18 6y ago

   Actually bitcoin as we know it means trusting a few dozend entities which control everything with their miningpools and of which more than 50 % hashpower are based in China. That is why i never took it too serious.
3. 3.▲
   by ubiubi18 6y ago

   Hmm, those big projects like btc or eth are NOT at all decentralised, that is just a meme. It is more like proof-of-materialism. That alone is a good reason to keep on searching for other decentralised solutions. Btc is allready ruled out