He just started and things are changing heavily 🤔 a lot will change with Networks and social media. Do you think he'll come for Blockchain before 2025
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He just started and things are changing heavily 🤔 a lot will change with Networks and social media. Do you think he'll come for Blockchain before 2025
You obviously don't know how blockchains work. A true decentralized blockchain cannot be taken down by anyone. They have tried for years and have failed miserably. The only power they have is over the on and off ramps like centralized exchanges, which are all garbage anyway. The best thing is to earn it and use it while you support businesses that believe in the crypto economy. Fuck what the government says.
I understand it now man that means Government can't do nothing 🤔 wow Decentralization will eventually be the future then. But what about all the big companies buying crypto. Can they regulate it enough if they own very huge stakes
Depends on the coin. If you are talking about a proof of work network like Bitcoin, Litecoin, Monero, and even DASH, then no, the amount they have does not have any effect on the blockchain. With a proof of stake network, like Hive, Ethereum, Cosmos, etc, yes, the amount they own can have an effect on blockchain governance. That is where Proof of Work is always going to be king. That's why I use Hive rewards to get more XMR, LTC, and BTC... In that order, lol. Privacy first!
Side note to this... DASH is a hybrid network that has both proof of work through ASIC miners and a masternode setup which is basically proof of stake mining. It's a cool concept for helping with decentralization.
Monero has an algorithm that is ASIC miner resistant meaning that it is still mined on CPUs making it able to be mined by anyone with a computer, hell mobile phones can mine it.
smart move with your Hive investments man
What do you mean come for blockchain?
well as in what he's going to do about Blockchain soon