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Comment by wb14123

I never really understand the hype behind blockchain related technologies. The low transaction throughput, high compute resource demands makes it pretty unusable in most cases. Lots of workaround either has security problem or violated the idea of decentralization of blockchain, which makes it meaningless to use blockchain. Oh, there is also PoS which doesn't need CPU for mining, but doesn't anyone think it's irony that it makes rich people richer?

Decentralization doesn't mean there shouldn't be one or some centralized nodes. That means open protocol, and server cannot control everything (for example, with end to end encryption). So that anyone can run the server, and user can use the service without trust the server.

Most importantly, non regulation doesn't always mean good. Otherwise why we need law and government? Why not live in the wild west and let strong people kill weak people? Why not let big company play the monopoly?

parent wb14123 5 years ago

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