“When bitcoin first came out, I was on the cryptography mailing list. When it happened, I sort of laughed. Because I had already proven that decentralized consensus was impossible.”
- Greg Maxwell
“When bitcoin first came out, I was on the cryptography mailing list. When it happened, I sort of laughed. Because I had already proven that decentralized consensus was impossible.”
The funny thing is, Bitcoin isn't about decentralized consensus. That's what he and his ilk keep trying to turn it into.
No, it's not centralized either.
Degrees of centralization is a false spectrum. Meaningless, though it seems sound, superficially.
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
1Eyk15KEeYX9JwH8e98pqpX3kTUuY9d43C Verified