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RE: Why to create a special account for a particular tribe ?

in Proof of Brain4 years ago (edited)

Crypto decentralization simply means taking away power from a single type of entity. Uh, not governments, but banks and "tax-free" megacorps. But there is always some form of governance anywhere you go.


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Governments now control all those fields as well. So, by saying governments, I meant all those as well !

Eh, I can't see it that way. Governments are controlled by bankers and megacorps, not the other way around. I think having people blaming "governments" is something bankers and megacorps want you to do, so they can get away with their crap while politicians serve as sock puppets.

They are all related anyway. The main beneficiary is not the citizen for sure !

No doubt about it.

ANARCHY = NO KINGS
ANARCHY = DEMOCRACY
ANARCHY = NO PRIESTS NO PROPHETS NO OLIGARCHS
ANARCHY = NO "LEADERS" ONLY "PUBLIC SERVANTS"

ANARCHY = BLOCKCHAIN
ANARCHY = HOLACRACY
ANARCHY = TRANSPARENCY
ANARCHY = PROCRUSTEAN LAW

There are leaders though, they're just a lot harder to see. I.e, the main leadership behind BTC decided to turn keep things as they were, but people who opposed them forked the coin into BCH. Why did the opposite not happen? Why wasn't the BCH side of the fork keeping the original name of the coin? Because they were not the main group. The same thing happens with every coin. They always have their own leaders.

The idea is that everyone is forced to abide by the same set of transparent rules.

In BTC, that means that each miner gets to vote on what version they will run.

It also means that anyone can fork the chain if they want.

each miner

mining is centralized

how is mining centralized ?

  1. there are only a handful of mining pools. this will only make sense if you understand the influence they have
  2. very few people do most of the mining. like when one city had a blackout in china but that instantly cut mining power by over 30%

sure.

but 30% is not exactly "centralized"

there is no "king of bitcoin" who can act unilaterally

you don't have to fill out any forms or ask anyone for permission to set up your own mining rig