Every blockchain today has those problems, the one more than the other. You think Steem is decentralized? Compared to proof of work the security is pretty questionable because it's a big circle jerk (a bit like communism). You think bitcoin is decentralized? It's not when it's mined and owned by a minority. (In theory a 51% attack is possible and encryption can be hacked with quantum computers.)
But why does it matter in the first place? Decentralization only makes sense when you need the security. Otherwise a centralized server makes more sense since it's so much more efficiënt. That's why most ico's are bullshit, they don't need a blockchain to begin with and if they do usually they don't offer much advantage to existing centralized apps.
@Drugwars is a very good example of that. They don't need a blockchain, in fact it makes the game even much worse. You can't launch a blockchain game that takes seconds to load every time you do something in-game. We live in 2019, it's no 2000's anymore. There are playstation and pc games with graphics so real it's almost like real life simulations. And meanwhile those scammers fuck around with blockchain tech to make an ancient game just because decentralization/blockchain is a buzzword that somehow triggers noobs their brains into thinking it's the next best thing. But in reality you are going at least 20 years back in time.
Not speaking of games and dapps on Ethereum where you have to pay a gas fee every time you make a transaction, so ridiculous.
It's not that it doesn't make sense, crypto and games could go hand in hand. But blockchains are to slow for such things right now.
Usually you can't have something that's fast, cheap and very secure. You can have high security but it's expensive to run and slow. There is a trade off between those things.
Not that it all matters. Fundamental analysis makes you smarter but understanding price action makes you richer.
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Seems like drugwars just took other people's steem to fund there game without those investers actually knowing what the game was doing. Very interesting thought on the decentralised point!!
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I believe that the purpose of making the crypto decentralized is for security and to prevent one entity from taking it over. It will continue to exist even if one server or miner fails. The privacy and security provided in a decentralized network is what is needed.
Centralized would be nice only if we could trust that nobody would steal our information and our money. Unfortunately, that doesn't occur and the top one percent has all of the money in the centralized world. Nobody else can get any. It is easy for government and banks to grab what they want in the Centralized world. Do note that they can take what money they want when a collapse occurs. This is unfortunate that the people have to pay for failing institutions when the CEO's seem to walk away with millions.
I don't think EOS has problems and I think the group working on it is great.
This is an underrated answer.
The blockchain industry is still missing a lot of things waiting to be completed. But I'm against being central. This system has already emerged to rebel against the dollar. Just like communism. A move to change the balance. I think we should believe it and continue for a long period of time than expected to profit.
Dude! that's some really great market wisdom. I've done bit of trading for a couple of years I've been involved in crypto and this is basically what my understanding has been.
As for EOS I've seen some Reddit analysis and the conclusion is that it is somewhat centralized around China. Things are actually kind of nice on the western block producers.
I agree, current speed & cost of crypto games are ridiculous, and also about the part about ico's using blockchain where they shouldn't.
Centralization isn't always a problem, sometimes it's the better option - especially when all sides have something to gain from proper use of the service.
yes,it still trade game- cowshi,t bullshi,t dogshit, elephantshit, and another shit...
@niel96, Without any doubt there is no comparison between Centralised Gaming Platforms and Decentralized and Blockchain Gaming Platforms.
But definitely to develop communities on Blockchain Space, these kind of games can be effective for sure. If we see Steemmonsters Platform, do we think Pro Gamers are playing it? In my opinion it's more community game and it's important to develop these kind of Platforms to boost this Ecosystem step by step.
First of all, thank you for waking up some more people about the false safety of encryption, while quantum computers cut through every encryption of 512bits and lower with the same easy as a knife through butter. Higher security takes some more effort but is just crackable too. Also, Intel knows every single thing thats happening on your pc/laptop because of their build in micro OS inside every single piece of their CPU's from 2008 till now. Except those for the NSA
When i first heard of cryptocurrencies i also heard it was created to avoid the corrupest banking system and the governments so we would be owners of our own money again, in privacy. That was, like anyone else ofcourse, grabbing my full attention for it. I wanted that utopian system in my life ofcourse. And because i was as broke as Greece at that moment (i joined "the scene" after the big peak of BTC) i started to participate in airdrops. All airdrops promote some 13 in a dozen project of which i almost always wondered what blockchain would do for this kind of company that a centralized system wouldn't. I soon found out many of those started only because of the coins and they just needed a story to tell the investors, so they buy tokens more easily. Most of these projects are all the same ( yet another exchange or game to earn tokens with a stake vault system).
That was kinda desilusional moment one. Projects are mainly plain BS and only there to lure investors. I was fairly ok with that idea because i wasnt interested that much in the projects themself. I dove in it for the security, privacy and freedom the blockchain offered. well thats the thought i had until i found out that it isnt that hard to follow bitcoins back to its owner with network scan sites that are open to use by everybody. Even more desilusional it was when damn exchange and project started to ask for KYC. Giving your ID to every startup you wanted an account 45 There goes the anonymous dream and the government not able to tax us wildly was also something from the past. All under the so called attempt to prevent money laundring the same way as they say mass surveilance is needed for safety against terorism. And in both of them people accepted it without questioning it. And its both just BS. I really dont trust everyone with a copy of my passport, there is so many identity theft nowadays... I see it as the crypto startups destroying the blockchain insulting Satoshi by capitulation and bowing for the governments and banks. I dont think Satoshi had this this all in mind when Bitcoin was created. Its was to avoid those not give your ID.
So for me, the dream was over. All thats peactically left is cryptocurrency and the blockchains as a big casino to gamble on coins, just like wallstreet is with stocks.
With this reputation and the fact that for newcomers its still very hard and complicated to understand how to dive into this new world of crypto and blockchain, i can only agree, yes theres is a problem. And it will only become a bigger problem over time.
Centralization or not, its not that much of a matter to me anymore this way to be honest. It doesnt change the game. The rulers won this round (again). On to the next invention.....
EOS is one of my go-to projects for every time I buy more crypto, I don't think they struggle with that. But the reality is that we only know what they want us to know.
I see your point that maybe there's some misinformation around blockchain tech... but there are more benefits to decentralization than just security. I would way rather use these networks than I would VISA or my bank. For example, just being able to see how decentralized a currency is seems like a big plus. I also think @steemmonsters has a pretty good proof of concept.