Re:Proposal to restore a destroyed Ethereum contract
by tigershark on Sunday April 15, 2018 @04:55PM
(#16844907)
Giving all the power to a bunch of Chinese miners doesn’t fit my definition of decentralisation honestly.
I still believe much more in the banking system subject to different governments than anything that is (or can easily be with a minimum effort) in direct control of one single government quite famous for his absolute control over everyone and everything.
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Re:Proposal to restore a destroyed Ethereum contract
by thinkloop on Sunday April 15, 2018 @06:56PM
(#16845498)
There is nothing systemic or inherent to China having a lot of hash power. They just happen to be strong in silicon manufacturing. This will likely decrease over time and is different from being centralized by rule.