Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
by
synechist
on 11/03/2015, 17:43:26 UTC

using your example all cryptos are centralised if you use crypto without mining them?

No, the context is networking between blockchains.

If they're networked via a hub, then the network is centralised.

This is true even if the hub is blockchain-based.

In such a scenario (e.g. Atomic, and also sidechains in a different way), a central blockchain records transactions between all other blockchains. Thus, even though the central blockchain is internally decentralised, its position in the inter-chain network is as a centralised entity.

See what I mean?