Post
Topic
Board Mining (Altcoins)
Re: decentralization my a$$
by
not.you
on 03/05/2018, 22:22:17 UTC
i just saw the antminer Z9 . and i wonder now about the decentralization for cryptocurrencies. some smart people will come and reply "everyone ccan buy Z9 = decentralization ". but this is bullShit. it still 1 company one point of failure . Antbleed , Backdoors. etc . just imagine if shitmain have a hidden backdoor inside each one of those miners . shitmain will control your money . 

i used to vote and fight for cryptocurrencies as it has lots of advantages over banks big one of these advantages was decentralization  but not anymore .  if one company  or two control our money then this will be totally scam and shity future  . i have 100s of banks in my country i can chose anyone of them , now only 1 company can control my money LOOOL .

if cryptocurrencies will continue like this without true decentralization then cryptocurrencies  are shit and SCAM .

true decentralization MUST avoid ASIC ( at least until we have lots of ASIC makers in different countries  )





So what they should have consulted with the other asic manufacturers to make sure everyone dropped one at the same time?  Then it wouldn't be centralized?

Mining GPU's ultimately come entirely from two companies.

What is your point exactly?  Just to bitch about bitmain?