Zeke Hernandez's avatar
Zeke Hernandez
kwaik@nostr.theorangepillapp.com
npub1kuy2...7ur4
Zeke Hernandez's avatar
kwaik 2 years ago
Why is decentralization so important? 1. Security: A decentralized system is more secure because it doesn’t have a single point of failure. In a centralized system, if the central authority is compromised, the entire system can become compromised. In a decentralized system, there is no central authority, so it’s much harder to compromise the entire system. 2. Transparency: A decentralize system is transparent because it’s open and accessible to anyone. In a centralized system, the central authority may not be transparent about its operations and decision-making processes. In a decentralized system, everyone can see how the system works, and can participate in its governance. 3. Freedom: A decentralized system gives users more freedom because they are in control of their own assets and data. In a centralized system, the central authority, may have control over users assets and data, which can be a problem if the central authority is corrupt or compromised. 4. Innovation: A decentralized system encourages innovation because it allows anyone to participate and contribute to the system. In a centralized system, innovation may be limited by the central authority’s priorities and interests. Overall, decentralization is important because it creates a more secure, transparent, free, and innovative system that is not controlled by a single central authority. This leads to a more equitable and sustainable system that’s better for everyone involved. #plebchain #bitcoin
Zeke Hernandez's avatar
kwaik 2 years ago
Why is decentralization so important? 1. Security: A decentralized system is more secure because it doesn’t have a single point of failure. In a centralized system, if the central authority is compromised, the entire system can become compromised. In a decentralized system, there is no central authority, so it’s much harder to compromise the entire system. 2. Transparency: A decentralize system is transparent because it’s open and accessible to anyone. In a centralized system, the central authority may not be transparent about its operations and decision-making processes. In a decentralized system, everyone can see how the system works, and can participate in its governance. 3. Freedom: A decentralized system gives users more freedom because they are in control of their own assets and data. In a centralized system, the central authority, may have control over users assets and data, which can be a problem if the central authority is corrupt or compromised. 4. Innovation: A decentralized system encourages innovation because it allows anyone to participate and contribute to the system. In a centralized system, innovation may be limited by the central authority’s priorities and interests. Overall, decentralization is important because it creates a more secure, transparent, free, and innovative system that is not controlled by a single central authority. This leads to a more equitable and sustainable system that’s better for everyone involved. #plebchain #bitcoin
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kwaik 2 years ago
#Bitcoin is a technological breakthrough. #plebchain
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kwaik 2 years ago
Call me crazy, but I want Binance to fail. I’m not done stacking 😭😂
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kwaik 2 years ago
Top three books to recommend to a no coiner to learn about #bitcoin? #plebchain