Re:Urbit Is Building a 'Virtual Galaxy' for Bitcoin Nodes
by asgardiator on Wednesday June 29, 2016 @04:44PM
(#12004671)
No, you own it in the cryptographic sense. As in, even math proves you right.
Comparisons to Bitcoin are bound to fall apart upon closer examination. For instance, Urbit has no blockchain, and Bitcoin's ownership structure is based on computer power, not federated cryptography.
Digging a bit deeper, Urbit is actually more free than Bitcoin, because the latter is easily eaten by the biggest fish in the sea. Urbit, on the other hand, could only ever de-decentralize if all 255 galaxies were owned by a single person, which is about as likely as all of the Eastern Hemisphere being owned by a single person.
Comparisons to Bitcoin are bound to fall apart upon closer examination. For instance, Urbit has no blockchain, and Bitcoin's ownership structure is based on computer power, not federated cryptography.
Digging a bit deeper, Urbit is actually more free than Bitcoin, because the latter is easily eaten by the biggest fish in the sea. Urbit, on the other hand, could only ever de-decentralize if all 255 galaxies were owned by a single person, which is about as likely as all of the Eastern Hemisphere being owned by a single person.