Bitcoin Forum

Economy => Economics => Topic started by: nextgencoin on November 20, 2016, 07:14:29 AM



Title: We need decentralisation and we need it now.
Post by: nextgencoin on November 20, 2016, 07:14:29 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.


What are our current options?

Synero?

ZCash?




Title: Re: We need decentralisation and we need it now.
Post by: Fortify on November 20, 2016, 08:33:38 AM
Err.. Bitcoin brought about the whole "decentralisation" idea. It is vulnerable to a 51% attack but I don't think any alternative currency has found a way around that and it's usually best to stick with the biggest player in the market. Maybe you could explain why you think Synero and ZCash are better options?


Title: Re: We need decentralisation and we need it now.
Post by: panju1 on November 20, 2016, 08:40:04 AM
Decentralization as in larger block size would lead to centralization?
Bitcoin, in its current avatar, is pretty decentralized.
As for free speech, you have the internet and dark web. Google and Twitter may be centralized organizations, but the internet isn't.


Title: Re: We need decentralisation and we need it now.
Post by: goldcoinminer on November 20, 2016, 01:13:54 PM
Why still look for other kind of coins, are you not seeing it with bitcoin. By looking for a decentralization, it's not only the concept or platforms that matters but the stability as well and only bitcoin has a good economy now and it's progressive.


Title: Re: We need decentralisation and we need it now.
Post by: freedomgo on November 22, 2016, 07:59:13 AM
No other crypto currency can beat the benefits of using bitcoin, it's its platform so we can use it as it is more trusted than the others.


Title: Re: We need decentralisation and we need it now.
Post by: TastyChillySauce00 on November 22, 2016, 11:05:06 AM
bitcoin just already have the decentralisation system and as you said that you need it,then you got it because you're now on the right forum
so i encourage to use bitcoin and choose it

No other crypto currency can beat the benefits of using bitcoin, it's its platform so we can use it as it is more trusted than the others.
you can't know whether another coins could take over bitcoin's place or not and can't predict it but for now it's indeed that bitcoin is the best option around by its popularity and its usability



Title: Re: We need decentralisation and we need it now.
Post by: iamTom123 on November 22, 2016, 11:27:23 AM
Yes, of course, as of now we are enjoying the decentralization benefits as accorded by Bitcoin and other cryptocurencies. However, nothing is perfect in this world and anything we thought can be fool-proof may not be 100% as it should be when exposed against the barrage of human nature. I am sure that this whole thing is also evolving so we can expect more improvements and innovations along the way.


Title: Re: We need decentralisation and we need it now.
Post by: tabas on November 22, 2016, 10:54:47 PM
I don't even think that some other projects or alt coins will replace bitcoin. And for the decentralization idea, it came all from bitcoin. Why not just stay in bitcoin and just use those alt coins for trading or if you want to you can also hold it if you believe they will be as the same as bitcoin. For bitcoin is not even on your choice.


Title: Re: We need decentralisation and we need it now.
Post by: Yakamoto on November 22, 2016, 11:51:31 PM
We need increased decentralization, probably, however changing out the currency being used completely isn't a useful course of action. You have to find ways to fix the issue you're experiencing before you completely toss whatever it is you have available to you away.

What is it that you feel we need to decentralize more? Mining? Development? There has to be more than "we just need more".


Title: Re: We need decentralisation and we need it now.
Post by: yayayo on November 23, 2016, 12:23:30 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.


What are our current options?

Synero?

ZCash?

Bitcoin?

As long as the Andresen/Hearn/Ver does not succeed with their disinformation campaign in convincing miners to support excessive block sizes, Bitcoin remains highly decentralized.

I think you are conceptually mixing decentralization and free speech/privacy. Bitcoin is primarily a currency, not a communication platform (although it can be and has been used for this purpose as well). There are several other decentralized networks under development which are better suited for this purpose, such as MaidSafe/Mega (both supporting Bitcoin in one way or another).

I agree that Bitcoin's privacy must be improved in the medium / long term to remain resilient against attacks by the elites in charge. Blockchain analysis, blacklisting coins and other coercive KYC/AML despotism could become a serious threat for Bitcoin's fungibility and might undermine its use.

ya.ya.yo!


Title: Re: We need decentralisation and we need it now.
Post by: MingLee on November 23, 2016, 12:54:10 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.


What are our current options?

Synero?

ZCash?
We don't need to change what we're using. At all. The current system is fine and I doubt many (or any) people have an issue with what we currently do when it comes to the system.

While the need for decentralization for more industries is becoming more interesting and in-demand, Bitcoin is not something that is in danger of being censored. Your social media is at risk if anything.


Title: Re: We need decentralisation and we need it now.
Post by: Slark on November 23, 2016, 01:37:39 AM
ZCash?
Zcash is just bitcoin reskin with added advanced privacy features and fancy algorithms which prevents usage of ASICs to mine the coin. Nothing more and nothing groundbreaking.

Why almost everyone identify anonymous coins such as Monero, Komodo, Dash, Zcash, Zerocoin, VCash or ShadowCoin with decentralization and expect that this will be cure for everything?



Title: Re: We need decentralisation and we need it now.
Post by: xdrpx on November 23, 2016, 05:36:17 AM
I'm sure several other altcoins play a major role in support of a decentralized currency, but I'm in favor of Bitcoin. A decentralized currency should be de-monopolised and free from any Government control, however, it's not always possible as Governments of certain nations can regulate and control as well as ask Personal KYC information of users to tax Bitcoin purchases and sales as Income tax.

Bitcoin has privacy if learned to use without linking your personal details to the purchases you've made. Make purchases to an official address for delivery. Also, keep in mind that decentralization is only good as long as people don't come up with an agenda to make it available to only a particular group and hold control in that group.


Title: Re: We need decentralisation and we need it now.
Post by: groll on November 23, 2016, 06:26:43 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.


What are our current options?

Synero?

ZCash?
We don't need to change what we're using. At all. The current system is fine and I doubt many (or any) people have an issue with what we currently do when it comes to the system.

While the need for decentralization for more industries is becoming more interesting and in-demand, Bitcoin is not something that is in danger of being censored. Your social media is at risk if anything.

I agree. Bitcoin is doing fine and we don't need to worry about decentralization thing because bitcoin has been and will always be in this form for it was designed this way by it's creator. For me, we don't need to jump out of bitcoin and go with other altcoins because bitcoin has been guaranteed to be safe and the transactions made out of it is not being traced by anyone in the community. We're all safe in bitcoin.


Title: Re: We need decentralisation and we need it now.
Post by: mirakal on November 23, 2016, 06:58:10 AM
I'm sure several other altcoins play a major role in support of a decentralized currency, but I'm in favor of Bitcoin. A decentralized currency should be de-monopolised and free from any Government control, however, it's not always possible as Governments of certain nations can regulate and control as well as ask Personal KYC information of users to tax Bitcoin purchases and sales as Income tax.

Bitcoin has privacy if learned to use without linking your personal details to the purchases you've made. Make purchases to an official address for delivery. Also, keep in mind that decentralization is only good as long as people don't come up with an agenda to make it available to only a particular group and hold control in that group.
As long as you are not purchasing for illegal activities you have no liability with the government, it's decentralize since it's the nature of bitcoin and we could expect more companies to accept bitcoin in the future. The tax angle is just fine as though we are anonymous the company that legitimately operates will have to pay taxes.


Title: Re: We need decentralisation and we need it now.
Post by: mindrust on November 23, 2016, 07:06:24 AM
No other crypto currency can beat the benefits of using bitcoin, it's its platform so we can use it as it is more trusted than the others.

Even ethereum started to fail lately. They promoted that shitcoin like crazy but no matter what they do/done it will share the same fate with litecoin= weak volume, low price=dead. Look at zcash scam, lol. It didn't even survive a week! Already dead.

Bitcoin is the original and always will stay as no:1


Title: Re: We need decentralisation and we need it now.
Post by: Sanekavg13 on November 23, 2016, 07:14:47 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.


What are our current options?

Synero?

ZCash?
We don't need to change what we're using. At all. The current system is fine and I doubt many (or any) people have an issue with what we currently do when it comes to the system.

While the need for decentralization for more industries is becoming more interesting and in-demand, Bitcoin is not something that is in danger of being censored. Your social media is at risk if anything.

I agree. Bitcoin is doing fine and we don't need to worry about decentralization thing because bitcoin has been and will always be in this form for it was designed this way by it's creator. For me, we don't need to jump out of bitcoin and go with other altcoins because bitcoin has been guaranteed to be safe and the transactions made out of it is not being traced by anyone in the community. We're all safe in bitcoin.

that's for sure, Bitcoin is very easy to use, especially when you need anonymity. The state should not interfere in this system


Title: Re: We need decentralisation and we need it now.
Post by: Pursuer on November 23, 2016, 07:49:06 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.


What are our current options?

Synero?

ZCash?

the option is obviously only bitcoin!
only a fool thinks altcoins are decentralized, specially those that have been getting pump and dumps and some of those which had a huge premine, ICO ,... other ways to take the control of 80-90% of the available coins.
and only a pumper will name altcoins as good and without centralization and manipulation to hype the coins for a temporary pump before moving on to the next.

if bitcoin was centralized it had already forked like other coins e.g ETH which had 4 hard forks already!!!
it is the decentralization of bitcoin that doesn't allow an easy big change!


Title: Re: We need decentralisation and we need it now.
Post by: Xester on November 23, 2016, 07:53:03 AM
Yes, of course, as of now we are enjoying the decentralization benefits as accorded by Bitcoin and other cryptocurencies. However, nothing is perfect in this world and anything we thought can be fool-proof may not be 100% as it should be when exposed against the barrage of human nature. I am sure that this whole thing is also evolving so we can expect more improvements and innovations along the way.

Successful decentralization is closely related to observing the design principles of: finance following functions; informed decision making; adherence to local priorities; and accountability. However, applying these principles in practice has not proven to be simple. Country circumstances differ, often in subtle and complex ways, consequently the policy and institutional instruments that establish decentralization have to be shaped to the specific conditions of individual countries.


Title: Re: We need decentralisation and we need it now.
Post by: davis196 on November 23, 2016, 02:16:14 PM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.


What are our current options?

Synero?

ZCash?




What is synero and what is zcash?Some altcoins?

Are you promoting them?If you don`t like twitter and google use tumblr or any smaller social media.

You have choice.Decentralization is all about having a choice.


Title: Re: We need decentralisation and we need it now.
Post by: kanazawa on November 23, 2016, 03:12:47 PM
What you mean? The Bitcoin network is already very descentralized, like never happened (not even close) in a matter that five years ago I can't even predict something like that and now there are so many ideas and so much people and companies putting ideas to roll that's unbelievable.... It's a lot of fuel to Bitcoin fire. Take a look into the charts showing the nodes the system has and (if you can) where it's placed. The descentralization is fully working and each day passed a new "somewhere" embraces the cause.


Title: Re: We need decentralisation and we need it now.
Post by: nextgencoin on November 23, 2016, 03:35:28 PM
I wasn't talking about coins, I was talking about how as a society we must have systems in place that those in power can't censor or shutdown. Seeing Twitter and FB being used as tools for those in power and seeing censorship in our current media that attacks the gov like many sites being shut down under the propaganda they are alt right sites etc.


I want, no need a decentralized currency

A dectralised web

Dectralised social networking


Title: Re: We need decentralisation and we need it now.
Post by: Dahhi on November 23, 2016, 04:49:08 PM
Bitcoin is already decentralized as it is, I do not think any altcoin can be more decentralized than it.


Title: Re: We need decentralisation and we need it now.
Post by: BingoDog on November 23, 2016, 07:02:37 PM
Don't quite understand what are you trying to say. Bitcoin is already decentralized, it always has been. There is no central bank or any other centralized regulator who would control Bitcoin. Do you wanted to say that we need another strong decentralized cryptocurrency besides Bitcoin?


Title: Re: We need decentralisation and we need it now.
Post by: mirakal on November 24, 2016, 07:57:37 AM
Don't quite understand what are you trying to say. Bitcoin is already decentralized, it always has been. There is no central bank or any other centralized regulator who would control Bitcoin. Do you wanted to say that we need another strong decentralized cryptocurrency besides Bitcoin?
OP should not be looking of another crypto currency as bitcoin is already here willing to serve him. It's not the system only which is important but he needs to consider the adoption rate. Bitcoin is very progressive and people are adopting because they believe, bitcoin is the future of decentralization.


Title: Re: We need decentralisation and we need it now.
Post by: n691309 on November 24, 2016, 08:18:12 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.
What are our current options?

The current options are altcoins, since bitcoin is not 100% fully anonymous and decetralized then altcoins is the next option, zcash is new so don't have much information how it is and how it works, and about Synero haven't heard before, maybe ETH?


Title: Re: We need decentralisation and we need it now.
Post by: sportis on November 24, 2016, 09:28:05 AM
I wasn't talking about coins, I was talking about how as a society we must have systems in place that those in power can't censor or shutdown. Seeing Twitter and FB being used as tools for those in power and seeing censorship in our current media that attacks the gov like many sites being shut down under the propaganda they are alt right sites etc.


I want, no need a decentralized currency

Bitcoin is a decentralized currency isn't it?

Quote
A dectralised web

Deep web not a Dark or Black one, is an option. But how can you find the information you want?  On the other side if google tracks you have you ever tried other search engines?  DuckDuckGo is my choice

Quote
Dectralised social networking

That is, Distributed Social Network https://wiki.p2pfoundation.net/Distributed_Social_Network_Projects


Title: Re: We need decentralisation and we need it now.
Post by: X-ray on November 24, 2016, 10:19:19 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.
What are our current options?

The current options are altcoins, since bitcoin is not 100% fully anonymous and decetralized then altcoins is the next option, zcash is new so don't have much information how it is and how it works, and about Synero haven't heard before, maybe ETH?
those alt coins some of them also not fully anonymous. as far as i know monero is true anonymous because the transaction can't be traced and you not leaving any footstep in every your activity so nothing to worry about if you're doubting about your privacy and you use this coin
so, analyze before choosing altcoin and be sure to use the right ones


Title: Re: We need decentralisation and we need it now.
Post by: n691309 on November 24, 2016, 11:19:51 AM
Decentralisation isn't some cool idea its now a necessary tech we need for free speech to continue in the west. Twitter and Google are showing how they can clamp down on dissent even in their own countries.
What are our current options?

The current options are altcoins, since bitcoin is not 100% fully anonymous and decetralized then altcoins is the next option, zcash is new so don't have much information how it is and how it works, and about Synero haven't heard before, maybe ETH?
those alt coins some of them also not fully anonymous. as far as i know monero is true anonymous because the transaction can't be traced and you not leaving any footstep in every your activity so nothing to worry about if you're doubting about your privacy and you use this coin
so, analyze before choosing altcoin and be sure to use the right ones

I'm not saying that all altcoins are full anonymous but there exists at least one that is full anonymous and decentralized, i think zcash it too or/and ebitz which is going to launch soon.


Title: Re: We need decentralisation and we need it now.
Post by: TheGodFather on November 24, 2016, 11:47:51 AM
I apparently sure that Bitcoin is already decentralized as it is, what more do you want ? if you're thinking about other currency theres no other one that will be decentralized than bitcoin . thats why bitcoin is so powerful nowadays. and it will be more powerful when time goes more. can you list a reason why do you think bitcoin is not yet decentralized?


Title: Re: We need decentralisation and we need it now.
Post by: machinek20 on November 24, 2016, 12:00:43 PM
Yes we need decentralized currency now, i think bitcoin is decentralized, you only can control bitcoin is you have a really huge amount of bitcoin and you played pump and dump and i think the ownership of bitcoin is quite spread out, so nobody can really control it


Title: Re: We need decentralisation and we need it now.
Post by: WhiteSkinnedFREAK on November 24, 2016, 08:07:08 PM
Decentralisation of Bitcoin? Isn't it already?

I have no idea but as long as we have other altcoins we shold be relatively safe my doodie


Title: Re: We need decentralisation and we need it now.
Post by: freedomgo on November 25, 2016, 06:46:51 AM
Decentralisation of Bitcoin? Isn't it already?

I have no idea but as long as we have other altcoins we shold be relatively safe my doodie
It's the nature of crypto currencies and not just bitcoin. It's decentralize and it attracts people because we wanted to have our own freedom and not to be controlled by the government.


Title: Re: We need decentralisation and we need it now.
Post by: Antoshka on November 25, 2016, 08:05:40 AM
Decentralisation of Bitcoin? Isn't it already?

I have no idea but as long as we have other altcoins we shold be relatively safe my doodie
It's the nature of crypto currencies and not just bitcoin. It's decentralize and it attracts people because we wanted to have our own freedom and not to be controlled by the government.

Yes, cryptocurrency yet decentralized. But the government is attempting to take control over it. Let's hope that this does not happen


Title: Re: We need decentralisation and we need it now.
Post by: clickerz on November 25, 2016, 08:12:05 AM
Don't quite understand what are you trying to say. Bitcoin is already decentralized, it always has been. There is no central bank or any other centralized regulator who would control Bitcoin. Do you wanted to say that we need another strong decentralized cryptocurrency besides Bitcoin?

Me too, I am puzzled since bitcin is alreay a decentralized currency. I think in my opinion he wants all systems even the banks to be removed? Fully decentralized country? I think the government will not make it happen.


Title: Re: We need decentralisation and we need it now.
Post by: el kaka22 on November 25, 2016, 04:29:26 PM
Don't quite understand what are you trying to say. Bitcoin is already decentralized, it always has been. There is no central bank or any other centralized regulator who would control Bitcoin. Do you wanted to say that we need another strong decentralized cryptocurrency besides Bitcoin?

Me too, I am puzzled since bitcin is alreay a decentralized currency. I think in my opinion he wants all systems even the banks to be removed? Fully decentralized country? I think the government will not make it happen.
I guess you are right. Maybe OP was trying to say : even bitcoin is a decentralised system still it is not coming to action in our everyday life.
In other words, bitcoin is just evolving and he still wants each and every one will be using decentralized assets (hopefully bitcoin) and without any need of any centralized systems.

Hopefully we are already moving towards that. Expecting that to happen in overnight will be insane. Because we are into centralised system for centuries. So we must need time to come out of it.