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RE: Scattered Thoughts On Decentralization

in LeoFinance2 years ago

I would push back on the idea hive is decentralized.

From my research it's an unregistered security ethereum was but after massive node connections some would say no longer but I believe they should still be fined

Only projects on hive I believe is decentralized is Bitcoin myk and BBD coin

So the reason they are likely decentralized is because connections aren't just about nodes but accounts

As the tokens are free and gain value from the network it can neutralize areas of centralization like exchanges which constantly manipulate hive prices making hive less decentralized

Development such as the dao controlled by a handful of accounts

Wealth distribution is far from decentralized on hive as well

So major key areas of decentralization hive doesn't have

Posted Using LeoFinance Beta