Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 17/08/2017, 20:15:25 UTC
If you haven't got $100 million to spend on supporting this nascent decentralised network with a broadcast satellite network you should just piss off? amirite?

There is nothing decentralized about a single sanitized version of the chain.

How would that be possible? in any meaningful way the chain is the chain.....right?

(genuine question)  

Well, that chain is that chain, to be sure. But if the One True Chain is chosen by a centralized party (i.e. those that own the satellite bandwidth, based upon the backchannel relay network that they also own in control if not own outright in a legal sense), then that One True Chain isn't very decentralized, is it?

Is it not a central tenet of core-ians that it is multitudinous non-mining fully-validating nodes cooperating on validation that determines the One True Chain? Or are you admitting that such non-mining fully-validating nodes add no value to the system as a whole?

(genuine questions)