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Author Topic: Dezentralization: ETH vs. BTC  (Read 96 times)
zenman0 (OP)
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January 14, 2018, 12:14:56 PM
 #1

Hello guys,
Which cryptocurrency is more decentralized Bitcoin or Ethereum. Which of them is more controlled by a few authorities?

For the people, who don't know what decentralization means:
"Decentralization is the process of distributing or dispersing functions, powers, people or things away from a central location or authority." (Wikipedia)
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January 14, 2018, 12:19:41 PM
 #2

Bitcoin is more decentralized although it's arguable how decentralized it is looking at the hash of some mining pools.
One example with eth, the whole dao fiasco, look how they pushed the update through,they decided everything themselves...centralized.
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January 15, 2018, 11:13:08 AM
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Bitcoin is more decentralized although it's arguable how decentralized it is looking at the hash of some mining pools.
One example with eth, the whole dao fiasco, look how they pushed the update through,they decided everything themselves...centralized.

Ethereum is some kind like Ripple, but with a real purpose. I think Bitcoin is still the No 1 in terms of most known and decentralized.
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