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A comment on Stellar. Parent comment

Re:Stellar by dmix on Thursday July 31, 2014 @04:43PM (#8116872)
So this is pseudo-decentralized in the same way CA certificates or domain names are? I thought we were trying to move away from that model after Bitcoin made it possible to.
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Re:Stellar by wyager on Thursday July 31, 2014 @09:23PM (#8117963)
> I thought we were trying to move away from that model after Bitcoin made it possible to.

"We" doesn't include people trying to make money off shitty pump-and-dump altcoins, unfortunately.

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Re:Stellar by dmix on Thursday July 31, 2014 @09:30PM (#8117988)
The only thing preventing Stellar from being an immediate pump-and-dump scheme is a 5 year mandate clause:

https://news.ycombinator.com/item?id=8116051

Ripple's XRP value plummeted after one of the founders of Ripple, and now founder of Steller, sold off his holdings within 2 weeks. I hope someone can explain to me how this is better than a decentralized variant?

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