Post
Topic
Board Marketplace (Altcoins)
Re: bter hacked and lost 50m nxt
by
Este Nuno
on 15/08/2014, 11:28:12 UTC
Now we will see if NXT is decentralized or not Smiley


rollback = centralized

Not really. It takes all the decentralised nodes to agree and form a consensus.

That's like calling Bitcoin centralised every time they upgrade the software.

haha what?

When bitcoin upgrades the software there is no rollback

Do you not see the difference?

How is x amount of individuals separate from each other centralised?

When Bitcoin upgrades the software or has a hard fork the miners and the nodes need to agree on using and mining on a new chain(in the case of a hard fork).

It's a decentalised consensus either way.

That's the whole point of decentalisation. That it takes the majority to make changes.

I'm not saying that I necessarily support the forgers choosing to roll back or not though. But it clearly isn't a centralised decision.