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scyclow | 5 months ago

Being able to handle Bitcoin transactions is fine, but it's disingenuous to act like it's the only way to be truly decentralized.

discuss

littlecranky67|5 months ago

Hinges on you definition on truly decentralized. ETH is not truly decentralized (and never will be since their shift to proof-of-stake) as there is no way of not-knowing that the majority stake is not in a single force (or a conspiring group) - which in theory could already be the case. Absence of the counterproof and presence of a case where it would be centralized can never make it truly decentralized.

scyclow|5 months ago

That's not really a valid criticism. You can say that same thing about any protocol. Who's to say that the majority of btc hashing power isn't single force or conspiring group?

DanielVZ|5 months ago

oh with truly decentralized you mean like “verifiably” decentralized in the same sense as a scientific truth right?

I was a bit confused at first but I now get the criticism.