Re:Bitcoin Is Screwed
by bondarchuk on Thursday February 25, 2021 @04:04PM
(#26268312)
The internet.
[ Parent
| on HN ]
The Internet has some decentralization. But it’s not decentralized. At all.
Most of the services you use on the internet are centralized, but the internet itself isn't. Anyone can host a server anyone else can theoretically access so long as there is a path along which to connect and the user knows the address. Portions of the internet's infrastructure can be cut off from the rest by a sufficiently powerful entity, and most people use the same few DNS servers, but no one controls the whole thing. Internet 1.0 is still running under the surface.
Re:Bitcoin Is Screwed
by kitkat_new on Thursday February 25, 2021 @04:20PM
(#26268472)
what again is the central authority of the internet?
It’s not a dichotomy, there are a few authorities.
touché. Right on my face.
So that helps answer what I was thinking. There can definitely be a way to have a decentralized system to which it's actors have their actions regulated by a judicial system.
Thanks!