polynya
@polynya
The key limitation of strict global consensus and hence blockchains is they will always be centralized, because you need a limited, undemocratic quorum to form consensus. Relative to non-consensus peer-to-peer solutions, which can be as free and decentralized as the internet. Only use blockchains if SGC is essential.
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CryptoPlaza🎩Ⓜ️💜 OG449
@especulacion
While I agree with this statement, I believe that as a counterbalance we have the fact that all the software is open-source and the ability of minorities to perform forks, that provide a way for dissenting minorities to create their own versions and communities, maintaining a dynamic and decentralized ecosystem.
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ukstv
@ukstv.eth
But, blockchains are logically centralized hence easy to reason about, hence socially valuable. A game of tradeoffs.
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