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Re:Coinbase is launching support for the USDC stablecoin by radicaldreamer on Tuesday October 23, 2018 @12:33PM (#18284874)
The transactions can be decentralized while the mining is centralized.
Re:Coinbase is launching support for the USDC stablecoin by Pharmakon on Tuesday October 23, 2018 @12:36PM (#18284911)
Ok, I see. Still it seems like the dream of cryptocurrency was total decentralization. If the supply is centralized does it matter if the transactions aren’t? It’s still a single point of failure.