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Topic
Board Altcoin Discussion
Re: The only logical killer app for blockchain
by
MoneyBomber
on 04/06/2023, 23:10:09 UTC
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Still it wpuld be subjected to central authority isnt it.
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and now we are going back to the same principle that we don't like? have central authority in the middle to control everything?
Redundancy of decentralized sites outside of U.S. jurisdiction. Redundancy outside of any 1 jurisdiction.

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I'm not saying that this is a bad idea, but comparing it to a bank?
I'm not comparing it to a bank. I'm saying that the financial layer is at the top and the next layer is governance of the physical world

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so it's impossible to get them United just because of decentralized monetary system.
I don't care to unite them. The DAO has watchers in the real world to ensure the physical data centers are not tampered with. If they are tampered with they get delisted from the onchain list of secured nodes.

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In case you may not be aware, Governance protocols can also get messed up through vote manipulation.
I believe I have a solution. Yes, this does sound absurd, I myself do not believe in most Proof of Stake systems. But I do believe I have a solution myself and it's an asset derived from sacrificing the proof-of-work asset. https://medium.com/@RossPfeiffer

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Decentralization is something so hard to achieve.
yes. I come to you with a solution