systems, such as Bitcoin, that lack any single central authority to validate their operations and which have to use other means to determine the validity of operations.
Questions tagged [decentralization]
140 questions
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Why is it important for individuals to be able to run their own nodes?
I understand that the more people that can run their own node supports decentralization, but if miners are sufficiently decentralized what is the threat of users not being able to run their own nodes?
Matthew Cruz
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Is there any benefits to a distributed computing architecture outside of cryptocurrencies?
I was recently talking to a German start-up that was in an accelerator programme. They are building a product which is a distributed database that they are proposing will have efficiency benefits over companies which keep their data on their own…
AdaptiveAnalysis
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What are some resources that analyze "how centralized Bitcoin really is"
Are there any blogs that track the centralization in Bitcoin? Is it growing, or is Bitcoin becoming less centralized over time?
E.g. I believe mining pools have become somewhat less centralized in the last two years. At some point the hash power…
ripper234
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How is Bitcoin truly decentralized?
Whenever Bitcoins are discussed, one generally reads how "Bitcoins are decentralized. No company nor state controls them". My question is, how is this statement true when you read about how Bitcoin Clients find each other.
Reading from here How do…
Greg Hilston
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Is there a way to create decentralised rating system akin to #bitcoin-otc?
I'm wondering if there is a way to create a ranking system similar to #bitcoin-otc, but making it decentralised?
ThePiachu
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What are the tangible benefits of decentralisation?
What are the tangible benefits of decentralisation?
This question was posed to me by my parents. Under that this question might incur a lot of wrath from this community.
When my parents lose their ATM cards, they can go to the bank to queue up to…
Nathan Aw
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Would a memory bound POW facilitate decentralization?
Today I was musing on the complaints that Bitcoin network is too energy greedy and centralized (let's not discuss if this is actually true) and the suggestions that memory bound POW would be improvement for both issues.
My thoughts are…
Petar Donchev
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