Post by twetch#678

twetch#678 6.6y
1Nk1B6…fP8B Key · twetch

I have a problem with this narrative.

"BSV is the only decentralized token because it is set in stone and nobody can change it "

We literally had a major upgrade, by a centralized entity. And there will be more.

What the chain says
Transaction
a0d57ff77ebc7161a7ab1d5f09f7383eea65d033683649d4f9a45587c162a0b9
Block
623 341
Time
2020-02-23T17:19:54Z
Signer
1Nk1B6dbxxDSZYdFdWZncmtX7APquLfP8B
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#678

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1Nk1B6dbxxDSZYdFdWZncmtX7APquLfP8B Verified

Reposted by (1)

Replies (5)

twetch#16592 6.6y
16Wa4D…H34U Key · twetch
Replying to@1Nk1B6…fP8B

The thing is... that upgrade was actually a restoration.

twetch#678 6.6y
1Nk1B6…fP8B Key · twetch
Replying to@16Wa4D…H34U

Ok. Restoration by a centralized entity. and there will be more.

twetch#16592 6.6y
16Wa4D…H34U Key · twetch
Replying to@1Nk1B6…fP8B

Any majority becomes a centralized entity so there will always be an element of centralization. The more important aspect is the network and code. One could argue that a little bit of centralization could protect the original protocol for now.

twetch#10895 6.6y
1Pbz4e…uFPA Key · twetch
Replying to@16Wa4D…H34U

The network is fairly and will become moreso centralized over time as well though, as barrier to entry rises to be able to successfully mine blocks. If there is real competition among miners, it should be fine. Monopolization is difficult w/out fiat scam

peck
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