Re:Facebook plans to change its name as part of company rebrand
by serverholic on Wednesday October 20, 2021 @03:09PM
(#28934800)
This is one of the reasons Ethereum is so important. It creates a common foundation that no single company owns.
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Re:Facebook plans to change its name as part of company rebrand
by echelon on Wednesday October 20, 2021 @04:21PM
(#28935938)
Your argument doesn't follow.
Besides, Buterin and the other whales "own" Ethereum.
Does someone with no money own any stake in Ethereum? No. They don't.
Ethereum isn't a socialist paradise.
Re:Facebook plans to change its name as part of company rebrand
by serverholic on Thursday October 21, 2021 @09:57AM
(#28944447)
How do they "own" it exactly?
Are they able to control people's transactions? No
They do influence the development of ethereum, however what's great about blockchain is that the community can "fire" the developers and choose new ones if they want. This almost happened after the DAO rollback drama in-fact.
Does someone with no money own any stake in Ethereum? I don't understand your point.
Why would you think Ethereum is supposed to be a socialist's paradise?