Bitcoin Forum
September 15, 2019, 07:13:05 AM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
   Home   Help Search Login Register More  
Pages: [1]
Author Topic: [2016-01-16] Why Bitcoin's Decentralization Matters  (Read 140 times)
Offline Offline

Activity: 1148
Merit: 1001

In Satoshi I Trust

View Profile WWW
January 16, 2016, 08:34:16 AM

Why Bitcoin's Decentralization Matters

Bitcoiners, from Bitcoin Core developers to long-time Bitcoin enthusiasts to recent /r/Bitcoin discoverers, love to talk about how Bitcoin’s decentralization is its ultimate feature. Rarely, however, do you see anyone explain why decentralization matters - surely it’s an interesting property from a computer science perspective, but why should consumers, businesses or investors care? This post is an attempt to write out why decentralization is foundational to Bitcoin’s utility and, somewhat more importantly, set up future posts talking about when it isn’t.

Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!