Re:Zooko's Triangle
by spencerchubb on Thursday August 18, 2022 @08:25AM
(#32508614)
One reason why we want decentralization is censorship resistance, meaning nobody can be censored.
I'll use bitcoin as an example. If you are using visa/mastercard, they can censor you. The government can order them to censor you. Bitcoin mitigates this problem. If a particular miner refuses your transaction, you have plenty of other miners to choose from.
I'll use bitcoin as an example. If you are using visa/mastercard, they can censor you. The government can order them to censor you. Bitcoin mitigates this problem. If a particular miner refuses your transaction, you have plenty of other miners to choose from.