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Author Topic: Can someone tell me what this means?  (Read 70 times)

Review_Master2

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Can someone tell me what this means?
« on: June 21, 2022, 12:07:55 PM »
I was reading the book blockchain wars and ran across this sentence. “ Bitcoin is decentralized enough to never be broken or sued but does not have the perfect decentralization that would degrade system design qualities.” I read it three times and don’t understand the second part of the sentence. Can someone explain it in a different way? I think that there is God, and then Bitcoin. But this passage might make me wrong. Lol

CryptoboyRamesh

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  • Re: Can someone tell me what this means?
    « Reply #1 on: June 21, 2022, 01:35:34 PM »
    there is no company that owns bitcoin...
    .. but there is a central hub of developers(core) that have a hierarchy of code control of the protocol.. and they do not like random(decentralised) people having idea's that differ from theirs. they treat anyone that has idea's to grow bitcoin that do not align to their plan as outsiders and to treat all attempts to add bitcoin scaling as a threat/challenge to the hub group of devs. and to try to force the outsider into making an alt rather than integrate the scaling into bitcoin

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    Re: Can someone tell me what this means?
    « Reply #2 on: June 22, 2022, 10:10:45 PM »
    Decentralization is a system that is not controlled by any institution. but nowadays most of these systems are affected by the news . That can cause prices to go up and down. so that influence can undermine decentralization. but it's normal because of the impulse of various interests

     

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