How far are we from real decentralization?

[gentlemand]

Decentralized Amazon? Here: https://openbazaar.org/

Would i want it? Yes, especially after Amazon decided to send a security code to an email account i can't receive messages from anymore but the idiots won't let me change it without logging in first, and that requires the code they sent to that email account... Besides Amazon practices are becoming worse every day.

I like the idea of it. I've also downloaded and deleted it multiple times. The search is useless, then again Amazon's isn't much good either, I have no idea how good the shipping will be and if the item turns out to be crap, broken or I simply don't want it then it's more of a hassle than Amazon will ever be.

It does have a valid place. It's always going to be a niche, not the norm.

[LUCKMCFLY]

Well there is an important reason why Centralization may continue to be successful.

For example, in order to achieve decentralization completely in an Exchange, there must be a support team that provides the best services, in some Centralized Exchanges they not only provide the best support service, they also address the problems in the users and solve them quickly. .

If we achieve that, at Exchanges are decentralized would be on the right track now complete decentralization is somewhat complicated, because although we have our freedom based on Crypto, If we really want to take our profits Trading Bitcoin and Altcoins compulsorily must be passed to USD or the local currency being used, if it is that way, we depend directly from banks, and banks are issuing in FIAT money, if any banks Cryptos or banks that accept Bitcoin exchange for USD or local currency, I would think that we are already moving forward and making great progress worldwide, I think we should start there.

Some Exchanges such as Localbitcoins, allow bitcoin users to trade by selling and buying bitcoins for FIAT money, and by other means that are money exchanges, this is the most decentralized thing I have found, and it is already a good progress, without But they already demand KYC, which means that somehow you have to leave IDs.

I think you could start there ...

[Youghoor]

How far are we from a real decentralization in more aspects of our lives and technology?

What do you mean by real decentralization? Decentralization is just the change of authority in terms of controlling and managing the affairs of a specific something from a central body to individualized based system.  Bitcoin and its blockchain network presents  a system which makes it possible for indiviual users to be in charge of their own funds rather than a centralized body.

[rodel caling]

The real decentralization is in the usage as long as bitcoin holders can spend the bitcoin at the time they want that is the freedom and haven gain but the financial freedom and giving us the secondary currency which is without border restrictions.

That's the important things why we here supporting bitcoin and virtual currency to use as finacial freedom nothing to argue decentralized or centralized. The important so far bitcoin igves more opportunities to their users. Time has comes the decentralization will come true in the right time because 10 years is too much younger and expert continue to learn how virtual currency improve well.

[exchangestolemycoins]

DNS is decentralized. The internet is for the most part, decentralized.

Anything involving money is not decentralized, and that will take some time to change. Think about if a big business deal went bad. The goods were delivered, and appeared to be undamaged, but some weeks later it is determined they are contaminated. If the payment was made in a decentralized manner, there is no reversing that. The buyer is screwed. But when things are centralized, the bank / credit card company has power and can reverse the flow of funds (chargeback for example). People don't want to lose that power and safety blanket.

If a system of reputation could be developed, then that's a potential answer.

[Bunsomjelican]

Hi everyone,

I have been into BTC for almost two years now, and as time goes my passion for the technology and the stuff it brings together with it grows together.
To me personally, the biggest gift BTC has brought with itself is decentralization, and now since BTC has been for over 10 years now with us I have this simple question:

How far are we from a real decentralization in more aspects of our lives and technology?
What I want to point out is, I have been learning a lot recently about tech in general and, for example, I have learned what DNS is.

Why are we not seeing a decentralized DNS yet?? just why???
The same goes for stock market. Why is it not decentralized yet, allowing people to exchange stocks without the interference of exchanges?

As we all know, decentralized was unregulated business and not own by any official authority in the government. Where everyone is anonymous and We are the only person who can able to protect and save our coins. That's there is no any KYC requirements needed if we want to trade coins in the platform.

[shesheboy]

far ? no not really  . by using cryptos you are already in a decentralized system because cryptos are known to be anonymous and is unregulated by banks however when you choose to use centralized exchanged or other centralized service that requires a kyc then you are the one that leaving the decentralized scene   .

DNS is decentralized. The internet is for the most part, decentralized.

oh really ? i didnt knew that fact but thanks btw  .

Anything involving money is not decentralized, and that will take some time to change.

what about cryptos ? cryptos are also a currency same as money  but why cryptos are known to be decentralized  ?

[Nolimitz84]

We're still at the beginning.Decentralization is gradually entering our lives.Applications,services,communities are created that are aimed at complete decentralization.Therefore, at the moment we are still far from real decentralization,but the movement is set.I hope sometime we will still begin to live without the 3rd party.

[karsyla]

The another point is that people are doing fine without centralization. Companies are using our data and providing a better service because we share it, governments are taking all the advantage of controling and tracking all our activities and transactions. And all those things work such a user-friendly way when you don't even notice that someone is using your private data. And that's because even most users don't really care about it.

I am not talking about complete decentralization in every single aspect of our lives, but at least in those where it would be beneficial like my mentioned DNS and stock exchanges or voting. Blockchain could be used to achieve direct democracy without this representative shit

[karsyla]

DNS is decentralized. The internet is for the most part, decentralized.

could you elaborate on this please? Because I do not see how DNS or especially internet is decentralized.

[waynechong1995]

Most like decades as the base on crypto nowadays are based on exchanges and business adoptions. Users dealing with a merchant directly using crypto is not common at all. Arguably BTC is not possible to 100% decentralisation due to fact that its an assets on regulations matter that still somehow hold liability on the user.

[Jeborn]

Even though blockchain  have achieved quite alot in the last decade. The ultimate goal of full scale decentralized economy lies with adoptions of blockchain bitcoin as a payment solution and other solutions the multitude of cryptocurrencies we have in the a market have. Not until then we can boast of true decentralization and I believe this may probably take a while couple of decades maybe.

[antisocial77]

never.i believe that current system will never allow crytpocurrency to be decentralize.when we become really rival to fiat money, they try to forbid crypto.i hope they cant succeed.

[xWolfx]

The another point is that people are doing fine without centralization. Companies are using our data and providing a better service because we share it, governments are taking all the advantage of controling and tracking all our activities and transactions. And all those things work such a user-friendly way when you don't even notice that someone is using your private data. And that's because even most users don't really care about it.

Truth. And precisely because of that lack of curiosity true decentralization is not going to exist, why? - Because people want things easy to do and they don't really care much about how they work.

Some of us do care about stuffs and we research and think about them and offer ideas. But until that is truth for the vast majority of world's population then chasing that dream is a waste of time. It's better to have a fair level of decentralization and go for mass adoption from my point of view.

[sehoon]

I think as time goes by, we are getting far from the real decentralization. Because there are already people who governs things that are related to cryptocurrency. And I think anytime soon government can get involve. There are also big corporations who are now getting involve and I think they want control on other things here since this is a profitable world.

[exchangestolemycoins]

DNS is decentralized. The internet is for the most part, decentralized.

could you elaborate on this please? Because I do not see how DNS or especially internet is decentralized.

Yeah - https://en.wikipedia.org/wiki/Domain_Name_System

"The Domain Name System (DNS) is a hierarchical and decentralized naming system for computers, services, or other resources connected to the Internet or a private network..."

One could argue that the administrators in charge of delegating "sub-domains" do not act in the best interest of everybody. But if a DNS server goes down, you can always ask another server and they will tell you what IP address to go to (https://webhostinggeeks.com/guides/dns/dnsguide.png)

[rachellee]

No one can really tell exactly how far we are from it. The transition pace to it could slow down or speed up as we near it, depending on the challenges that its haters may throw to it and the reactions of the community to it, but one thing is for sure, we shouldn't let go now more than ever despite these struggles. It is almost at hand, and its future is getting clearer and clearer as more and more people and nations are adopting crypto.

[thesmallgod]

the chance of reaching real decentralization of asset is very slim. despite outrageous numbers of coin and token that claim decentralization, many of them are listed on centralized platform which make it difficult to achieve complete decentralization. Even the bulk of people that hold crypto today end up converting it to fiat before they can spend it on anything they want and ones you are making contact with fiat then decentralization power is quenched. I hope you know stock market trade assets that are backup by company directly control by government. we all know government wont want decentralized system

[thirdlight]

the chance of reaching real decentralization of asset is very slim. despite outrageous numbers of coin and token that claim decentralization, many of them are listed on centralized platform which make it difficult to achieve complete decentralization. Even the bulk of people that hold crypto today end up converting it to fiat before they can spend it on anything they want and ones you are making contact with fiat then decentralization power is quenched. I hope you know stock market trade assets that are backup by company directly control by government. we all know government wont want decentralized system

I do not believe in real decentralization and I think that we will not see it in the coming years. Perhaps new projects will be able to do this, we'll see.

[karsyla]

some other projects like IOTA have the potential to achieve real decentralization