The future lies in decentralization. How much is decentralization now?

[liuyanian]

The 2017 blockchain has aroused great public interest. We realize that in addition to the popularity of digital currencies, blockchain-based applications can reshape many other markets. But like other night-hot technologies, the application of blockchain in real life, because of the fundamental characteristics of the blockchain, exposes some problems, many of which should become the main focus in 2018. One of them is scalability, and of course the existence of these problems also shows that the market for blockchain has made significant progress. Many big people think that the blockchain can prop up the next stage of the Internet and create a "decentralized" Internet.

[Nalbo]

Decentralization is being achieved but a decentalized internet is another aspect. It's not that we can't achieve a decentalized internet based on blockchain, the authorities wouldn't let it happen. We consider US, the internet operator to be cruel towards privacy, China another superpower is just nightmare.
No authorities would love a decentalized internet.

[lyks15]

I think this is the very big issue that all crypto investors. But I think this is impossible to happened in a short period of time because allwe know that decentralization has a very big issue between government. So itbis hard to believe that will imolemented soon. And we really don't know if decentralization will be advantage or disadvatage when time comes that it will be happened.

[martychubbs]

Decentralized Internet is something unattainable. Maybe someday we will see something like that, but it will be something like a darkweb. Local decentralized Internet, nothing more. The government will not allow to develop a decentralized Internet, the matter is not even in the technologies themselves.

[Adya]

what decentralise are you talking about? the most pool of cryptocurrency have whales. they can crash price of any token if they want.

[samcrypto]

what decentralise are you talking about? the most pool of cryptocurrency have whales. they can crash price of any token if they want.

A decentralized crypto market, and yes whales can manipulate the price for now but in the future if the market was able to reach every country I think it will be less volatile and a decentralized market will become more important. I don’t want whales to control the market, but since they are doing this for some time now we should really know how to join with them.

[Tipstar]

Even if we reached a complete decentralization through blockchain, the governments can always attack our privacy until we use this centralized internet. If we were to achieve a real decentralization, we need to have our own decentralized network and satellite and ultimately a decentralized worldwide LAN to compete with internet.

[pixie85]

You said it exposes some problems? What problems are those?

I see no problems with decentralization and think that we should all pursue it. It's the best solution to all our current problems and the best goal for the Internet of the future.
It's going to be very difficult because ISP companies are centralized and they allow us to connect to Internet. If they wanted they could censor us and the ACTA project is exactly that.

[UnruffledST]

Decentralization is being achieved but a decentalized internet is another aspect. It's not that we can't achieve a decentalized internet based on blockchain, the authorities wouldn't let it happen. We consider US, the internet operator to be cruel towards privacy, China another superpower is just nightmare.
No authorities would love a decentalized internet.

Your statement is wrong in a sense more so in the U.S even if the government was to not like privacy they would have to accept it as it is a right not a privelage.

You see SEC focusing on the way in which cryptocurrencies raise funds, still cryptocurrencies are allowed into existence because SEC is not the organization who decides if cryptocurrencies can exist or not as they themselves are not securities. Still those who utilize PoS could be through their staking mechanism.

what decentralise are you talking about? the most pool of cryptocurrency have whales. they can crash price of any token if they want.

If he is truly talking about decentralizing the internet, this would not need the use of cryptocurrency it utilizes blockchain and the decentralization it provides.


Again privacy is a right why are tools used to gain anonymization legal? because the government can't decide to strip a users right away this being in the U.S or else serious consequences would be seen from the people.

Many of the statements posted in this thread are wrong, someone just needs to work on the idea and build it and we will see it put to use, many projects are working on steps to achieve such a goal.

[Adriano2010]

I think will be hard to have decentralization overtime because most of governments will not want decentralization and they will want to control always what people get and how. Maybe we will need to trade P2P on future.

[qazgroup]

I know decentralization is the core theme behind blockchain tech and cryptocurrencies but i think moving forward towards acceptance and adoption we have to understand the fact that some regulation is necessary for the compliance of both the governments and the public at large.

[terrific]

I agree with the posts above.
Having a decentralized internet, like where we have been getting these internets?
if there will be someone as rich as Elon Musk would love to create it, then that's possible.

[UnruffledST]

I know decentralization is the core theme behind blockchain tech and cryptocurrencies but i think moving forward towards acceptance and adoption we have to understand the fact that some regulation is necessary for the compliance of both the governments and the public at large.

What exactly would be regulated ? Regulating Blockchain and Cryptocurrency? we see regulations come into place from ICO's and public offerings to protect investors. A lot of people confuse that SEC only cares about protecting investors they have not oversight of the tech behind blockchain or cryptocurrency.

[Jamjamz30]

The concept of decentralization brought by the blockchain technology is really a significant development in our present time. Blockchain technology is revolutioning th system, but hinesyly, it is not perfect as of now. There are lapses and loop holes. We're expecting to maximize the capability.

[jrrsparkles]

There are some disadvantages for having decentralized payment system but I can sure that it is going to be much better than the current centralised manipulated payment system. Still there is a huge barrier up against the decentralized payment system due to its instabill value but we can make it to stay in better region by adoption rate

[Bitbtc8]

The word decentralization seems too good to be true ,I think it will never see the light of the day in the future just because of the government ,its simple as that,manipulation must be in place that's why there is no world for decentralization

[dizzy1996]

I understand the course of your thoughts, but you also understand that in order to introduce new technology in any field of activity, huge means are needed that not everyone has as well if we are talking about a decentralized Internet unfortunately this is not possible at the moment since many countries control it.

[Cosbycoin]

Decentralized Internet is something unattainable. Maybe someday we will see something like that, but it will be something like a darkweb. Local decentralized Internet, nothing more. The government will not allow to develop a decentralized Internet, the matter is not even in the technologies themselves.

We talk a lot about the decentralization of crypto and this is also a reality that without regulations, the prospects of crypto is not very vivid and clear this should also be kept in mind that though there are banks in the US which are Bitcoin friendly but they are heavily regulated as well. I think it is going to be pretty tough to get the decentralized era going but I hope it will happen one day.

[FanEagle]

I think not as decentralized as it should be. You know why? I got into this because I believed governments deal with their currency daily and do stuff that changes the prices and affects the economy and I wanted something that is ran by the public. However looking at the segwit deal last year how some people came together and changed the way payments are done, nobody asked me about it, nobody asked me if I wanted segwit, I would say I do but I still didn't get a vote.

On top of that we now see clearly that some rich people could sell their bitcoins and change the price however they want as well and manipulate it the way they want. I just feel like it is too centralized even though its more decentralized than fiat currency its still not enough.

[puertorikosena]

Decentralization is really where there is little. If we take into account the cryptocurrency market, then only Bitcoin can be called a truly decentralized coin. But the technology itself has a great future and I think that soon the whole world will be rebuilt under decentralized systems.