Post
Topic
Board Economics
Re: Can online platforms like Youtube and Facebook really be decentralized?
by
ntsdm1
on 25/11/2019, 20:13:05 UTC

I started to learn about crypto two months ago. Bitcoin, Monero, Ethereum etc. make total sense to me.

I can't, however, understand why it would make sense to decentralize large online platforms like Youtube and Facebook. Or let's say: I don't understand how this could work.

Bitcoin has a decentralized ledger where all transactions are stored. How would that ledger look for a decentralized Youtube or Facebook?

Or am I missing something? Does decentralization mean something different in this regard?

Thank you!

PS: I'm asking because I again and again read headlines that say something along the line of "everything will be decentralized".
I will try to answer Your question.YouTube as a service does not need to be decentralized. But the traffic with which the content is broadcast can really be decentralized.The technology by which this can be implemented is described on this site:https://noia.network/