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Re:Website Showing How Much People Lost with Celsius Now Live by cercatrova on Monday October 10, 2022 @03:31PM (#33155507)
We already had decentralization. It's called the BitTorrent protocol which is more decentralized than most Web 3 projects.
Re:Website Showing How Much People Lost with Celsius Now Live by ThrowawayTestr on Monday October 10, 2022 @04:01PM (#33155812)
Google doesn't auto-compete for Bitchute.
Re:Website Showing How Much People Lost with Celsius Now Live by throwaway0asd on Monday October 10, 2022 @05:41PM (#33156713)
Yes and no. BitTorrent uses two protocols. One of those protocols is highly centralized and advertises users and their requested data packets as well as their available data packets to a centralized registry. A second protocol is used to transfer available data packets between users.

The appeal of BitTorrent is not that it is decentralized but that it, in a narrow legal context, doesn’t violate the law as copy protected materials are passed between users on a secondary protocol without touching the centralized system advertising data availability.

Re:Website Showing How Much People Lost with Celsius Now Live by throwawayallday on Monday October 10, 2022 @06:43PM (#33157267)
>One of those protocols is highly centralized and advertises users and their requested data packets as well as their available data packets to a centralized registry.

This hasn't been true for almost two decades. DHT exists so trackers are not required [0]. So now both protocols are decentralized.

[0] https://github.com/webtorrent/bittorrent-dht

Re:Website Showing How Much People Lost with Celsius Now Live by throwaway0asd on Monday October 10, 2022 @09:56PM (#33158593)
DHT is distributed hash table. Distributed is not decentralized. This is the same mistake as the subject matter with crypto.

It seems the inability to differentiate those two words is a scam worth more than 4 billion.

Re:Website Showing How Much People Lost with Celsius Now Live by throwawayallday on Monday October 10, 2022 @11:34PM (#33159240)
>Distributed is not decentralized.

No one said otherwise.

>This is the same mistake as the subject matter with crypto.

This is where you're wrong. You misunderstood these concepts as if they were mutually exclusive. Torrent DHT is absolutely distributed and decentralized [0]. QED.

>It seems the inability to differentiate those two words is a scam worth more than 4 billion.

The scams in crypto are older than modern computers themselves. It's Ponzi schemes and straight up securities fraud, just wrapped in NewHotThingTM. Has nothing to do with decentralization or distributes systems.

[0] https://torrentfreak.com/bittorrents-dht-turns-10-years-old-...