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-...
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