Decentralization or Scalability?

[aomakun]

the nature of bitcoin is basically decentralized and I'm sure about this, but market manipulation sometimes makes people think that bitcoin can be regulated. and for this one problem actually lies with people who have large funds, but sometimes the manipulation they do in the market is not successful because again it is that the nature of bitcoin is decentralized, anyone who tries to regulate it will not be able to because the price flow can move depending on market needs

[justdimin]

The more the Blockchain scales, the less decentralized it will be. You'll sacrifice one thing over another. It's nearly impossible to meet with both standards at the same time.

You have answer within your statement. Over the time large blocks will be possible along with large number of miners to ensure decentralization.
Mr.Satoshi definitely might have foreseen this so if large blocks will not ensure the backward comparability then lighting network kind of developments will take care the problems of availability along with decentralization.

With my little knowledge, I guess decentralization will never be compromised but enough technologies will be invented to ensure more scalability.

[slashz9]

if asked to choose between the two, I prefer decentralization because that is the main purpose of bitcoin made by satoshi, yes even though developing blockchain technology, but still the main goal is to decentralize everything.
there are also many cryptos that use blockchain technology that is still centralized.
or there are some countries that intend to make their own digital currency and be controlled by them.

[f2f.mirrors]

Scalability can be simply divided into 2 definitions,speed and capacity.
Confirmation speed and decentralization are difficult to achieve at the same time, but capacity and decentralization have successful solutions. For example, DAG.
However, when analyzing scalability and decentralization, you must consider security. The security discussion boundary determines the degree of scalability and decentralization.
So,for bitcoin,I prefer decentralization.That's why it exits.
No decentralization,No Bitcoin!

[f2f.mirrors]

if asked to choose between the two, I prefer decentralization because that is the main purpose of bitcoin made by satoshi, yes even though developing blockchain technology, but still the main goal is to decentralize everything.
there are also many cryptos that use blockchain technology that is still centralized.
or there are some countries that intend to make their own digital currency and be controlled by them.

I agree that Bitcoin should focus on decentralization, but blockchain technology is not necessarily. Blockchain technology has other applications besides currency.

[asriloni]

if asked to choose between the two, I prefer decentralization because that is the main purpose of bitcoin made by satoshi, yes even though developing blockchain technology, but still the main goal is to decentralize everything.
there are also many cryptos that use blockchain technology that is still centralized.
or there are some countries that intend to make their own digital currency and be controlled by them.

I agree that Bitcoin should focus on decentralization, but blockchain technology is not necessarily. Blockchain technology has other applications besides currency.

Bitcoin doesn't even focus on the decentralization because it's already decentralized. Bitcoin needs focus to the development of the scalability solution and no more. As bitcoin itself has already considered to be utility coin. Blockchain is necessarily caused by it has become the core of the crypto to run its own network. Blockchain is a critical part from the crypto. you must understand it better.

[f2f.mirrors]

if asked to choose between the two, I prefer decentralization because that is the main purpose of bitcoin made by satoshi, yes even though developing blockchain technology, but still the main goal is to decentralize everything.
there are also many cryptos that use blockchain technology that is still centralized.
or there are some countries that intend to make their own digital currency and be controlled by them.

I agree that Bitcoin should focus on decentralization, but blockchain technology is not necessarily. Blockchain technology has other applications besides currency.

Bitcoin doesn't even focus on the decentralization because it's already decentralized. Bitcoin needs focus to the development of the scalability solution and no more. As bitcoin itself has already considered to be utility coin. Blockchain is necessarily caused by it has become the core of the crypto to run its own network. Blockchain is a critical part from the crypto. you must understand it better.

Currently, Bitcoin is indeed the most decentralized project.
Of course, Bitcoin needs to focus on the development of scalability. But in this process, it cannot at least reduce its degree of decentralization.

[Henrytrust]

I believe one of the most important aspect of cryptocurrency is decentralisation which gives every individual the authority to manage his finances. It just dawned on me that decentralisation and mass adoption cannot be achieved simultaneously and this makes taking a side very difficult for me.

[senin]

Whatever we say here, but the cryptocurrency market will nevertheless develop in the same way as it had developed before, and we still cannot say how the cryptocurrency will look after many years. Almost all options will be used and, perhaps, it will be possible to find some optimal balance between decentralization and scalability. It is also quite possible that the development of cryptocurrency will lead us to completely different options for the development of cryptocurrency. For all of us, these are completely new unexplored technologies and opportunities.

[tiang_tower]

I believe one of the most important aspect of cryptocurrency is decentralisation which gives every individual the authority to manage his finances. It just dawned on me that decentralisation and mass adoption cannot be achieved simultaneously and this makes taking a side very difficult for me.

When you find it difficult to take sides, it is better to take sides with yourself, do research on something new and follow your heart, because things like that are far better than having to side with others.

[Abiky]

Whatever we say here, but the cryptocurrency market will nevertheless develop in the same way as it had developed before, and we still cannot say how the cryptocurrency will look after many years. Almost all options will be used and, perhaps, it will be possible to find some optimal balance between decentralization and scalability. It is also quite possible that the development of cryptocurrency will lead us to completely different options for the development of cryptocurrency. For all of us, these are completely new unexplored technologies and opportunities.

I believe that developers will somehow find a way to balance between decentralization and scalability to maintain a usable Blockchain network for the foreseeable future. At least, Bitcoin is heading towards the right direction by adopting scaling solutions in the safest way possible. This would allow the cryptocurrency to remain decentralized while at the same time being scalable for the whole world to enjoy. But we cannot deny, that it's impossible to achieve perfect decentralization and scalability at the same time. One way or another, a certain level of centralization will exist in order for scaling solutions to work as intended. You'd either go towards the fully decentralized route for censorship-resistant payments or the fully scalable route for quick payments with reduced security. At least, that's the way it works.

But rest assured, that Blockchain technology is being heavily improved to make it a huge contender against the existent financial system. If successful, Bitcoin and other cryptocurrencies will be able to surpass VISA's TPS without decreased decentralization. That's the goal many mainstream developers are hoping to achieve in the long run. With so much money invested into the crypto/Blockchain space, anything is possible in the future. Just my opinion

[Crypto5060]

We can't talk about crypto or blockchain without decentralisation and they can't be useful without being scalable. So I believe there must exist a balance between the two if we are to move past this stage.