News for hackers. Stuff that matters.
Re:Bitfinex never ‘repaid’ their tokens, they started a ponz... by runeks on Monday November 06, 2017 @05:26AM (#15634528)
1. It doesn’t matter whether the software that implements the central coordinator is open source, because the entire challenge of creating digital money is decentralized trust. Chaumian Cash solved digital money with a central issuer long ago.

2. Bitcoin had no privileged nodes, nor does it now. All miners compete on the same terms. A central coordinator by definiton does not, or it wouldn’t be centralized.

There are no comments on this comment yet.