Post
Topic
Board Economics
Re: "Study" Shows Ethereum is More Decentralized Than Bitcoin
by
kryptqnick
on 30/09/2018, 10:26:46 UTC

I think a case could be made for bitcoin being more decentralized than eth. Power and decision making for btc are split between developers and miners, while all decision making aspects of ethereum are heavily centralized within a power structure consisting of one man: Vitalik Buterin. Sometimes I get a feeling the media pushes an agenda in terms of it redefining topics in a way which convinces the public bitcoin cash and ethereum are the future, while hating unfairly on bitcoin.

Is ETH more decentralized than BTC? What do people think about this?
The argument about nodes in the cities rather than data centers should be accepted, I guess, but it seems a matter of case, rather than technology to me, since it just happens to be so, that ethereum is more decentralized. As for Vitalik, if he is really making all of the decisions, it's really bad and thus eth is a lot more centralized than btc. But what if he is just a public figure, the face that tells all the news about ethereum, but is actually not the one making big decisions? I like to think about him  this way, because it's really hard to imagine that one person could really make a huge difference in such a big network.