Real decentralized coins ?

[ZenFr]

What are the real decentralized coins ?

A real decentralized coin is coin with no centralized authority : that's mean, no centralized team who decide for the coin, like Ethereum for example.

Bitcoin was the first and quasi the unique real decentralized coin, but now, there is second one : BitcoinZ (Bitcoin with anonimity and 1000 x more coin, at list one coin for everyone on earth).

Do you know some others real decentralized coins ?

[dabumt]

Vertcoin.

[amacar2]

BitcoinZ: Decentralized 
Richlist telling different story https://explorer.bitcoinz.site/richlist

Top 1-25   63177073.44587740   19.61%

25 address is holding over 19% of total supply, might be those address belongs to dev team. But looks like their network is quite stable with 274 nodes, I will have a look at this.

[ZenFr]

BitcoinZ: Decentralized 
Richlist telling different story https://explorer.bitcoinz.site/richlist

Top 1-25   63177073.44587740   19.61%

25 address is holding over 19% of total supply, might be those address belongs to dev team. But looks like their network is quite stable with 274 nodes, I will have a look at this.

The top100 is just a rich list : this is the centralisation of the supply.
Not matter here : we are at the very begining of the mining (then, the supply).

In any way, centralisation of the supply is not centralisation of the coin in PoW (perhaps in dPoS).

Yes, BTCZ is decentralized.

Thank you for VertCoin I forgot.

[Kinohimitsu]

I thought all cryptocurrency was decentralized? In all the readings I have done, I have not come across this thing about a centralized team in Ethereum, so this is good learning for me in this forum. Until today I only read and do no participate, I only sent Bitcoins to an exchange about one month ago but never dared to buy anything. Still watching and learning, thank you for this information.

[johnsm79]

I thought all cryptocurrency was decentralized? In all the readings I have done, I have not come across this thing about a centralized team in Ethereum, so this is good learning for me in this forum. Until today I only read and do no participate, I only sent Bitcoins to an exchange about one month ago but never dared to buy anything. Still watching and learning, thank you for this information.

They wish.

Most people, even teams building an ICO, have not yet crasp the idea of what is decentralization.

A truly decentralized token, doesn't have any control by anyone or anybody, either person or organisation, country or community.

It runs autonomously.

But how would a project benefit if it was totally decentralised? It just can't.

But lets not mix decentralised with blockchain. A project can use the blockchain and at the same time be centralized. Most prefer to call it semi-centralised, although its just a marketing name.

[BitMarshall]

I truly say monero. The evidence is deep web. Most of markets has been started to accept xmr.

[placdi101]

I think Substratum will be a huge huge deal for a real decentralized , just look the partners they have good research

[Kinohimitsu]

I thought all cryptocurrency was decentralized? In all the readings I have done, I have not come across this thing about a centralized team in Ethereum, so this is good learning for me in this forum. Until today I only read and do no participate, I only sent Bitcoins to an exchange about one month ago but never dared to buy anything. Still watching and learning, thank you for this information.

They wish.

Most people, even teams building an ICO, have not yet crasp the idea of what is decentralization.

A truly decentralized token, doesn't have any control by anyone or anybody, either person or organisation, country or community.

It runs autonomously.

But how would a project benefit if it was totally decentralised? It just can't.

But lets not mix decentralised with blockchain. A project can use the blockchain and at the same time be centralized. Most prefer to call it semi-centralised, although its just a marketing name.

Thank you for the kind time to explain this to me. But to my understanding, Bitcoin is being developed by a group of people, and also they are the same people who take care of the coding and maintenance, other than the other people around the world who are securing the network with nodes. How do we say that this is decentralized in the same spirit? As you say, it is with cooperation that projects can benefit.

[ZenFr]

BitcoinZ: Decentralized 
Richlist telling different story https://explorer.bitcoinz.site/richlist

Top 1-25   63177073.44587740   19.61%

25 address is holding over 19% of total supply, might be those address belongs to dev team. But looks like their network is quite stable with 274 nodes, I will have a look at this.

How did you think that Bitcoins repartition was one month after it's launch in 2009 ?
We are in the very begining of the coin : the early adopter/miners have a lot of coins because difficulty is low, probably not for a long time.

[ZenFr]

I think Substratum will be a huge huge deal for a real decentralized , just look the partners they have good research

Substratum is not a decentralized currency, not at all.
It is difficult for a currency to pretend at the decentralization when it make an ICO.
ICO funds are in the hand of a man/a team : this is not decentralization.
Read the WP.

[ZenFr]

The list of real decentralized currenies :
 1 - Bitcoin (the king)
 2 - BitcoinZ
 3 - VertCoin
 4 - Monero (not sure, but apparently, yes)

With 1000 currencies on the market today, these 4 are veri few : 0,4 % !
There will be the favorite currencies of all beginner in crypto-world.

[Nalbo]

With the concept of decentralization, there's a new generation of coins and tokens that lets its holders to vote for every step they should take.
I think that is a good move in the field of decentralization.

[Vaflia]

Monero decentralized coin. Yes, developing a team, but its power is spread across the globe and not concentrated in one place.

[lobo13hf]

What are the real decentralized coins ?

A real decentralized coin is coin with no centralized authority : that's mean, no centralized team who decide for the coin, like Ethereum for example.

Bitcoin was the first and quasi the unique real decentralized coin, but now, there is second one : BitcoinZ (Bitcoin with anonimity and 1000 x more coin, at list one coin for everyone on earth).

Do you know some others real decentralized coins ?

Majority of the coins or tokens have centralized team to steering the project. That will be very difficult to find the real decentralized coins other than the bitcoin itself. what about litecoin?

[AiloveYouks21]

whether waves belong to the decentralization coins?

[Kikai]

There is always some kind of centralization, that can happen with the leadership or with the Proof type

[KryptoKai]

There is some type of centralisation as good coins need a development team. However, for privacy coins take a look at XSPEC which is the most private / anonymous coin available