@NickSzabo4 Decentralization for defensive needs, centralization for progressive needs.
Decentralization is not valuable for its own sake. It is valuable because done well it makes us much less vulnerable: http://nakamotoinstitute.org/trusted-third-parties/ …
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@BitcoinErrorLog every step of progress lays ground for same # steps for changes. Obsession with progress leaves ghost towns@NickSzabo4
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4 funny how the business model of most Bitcoin startups is being a trusted third party as a service…Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@Piotr14Tra actually that's false. It also has tremendous value in cost. It leverages the excess compute cycles of all devices. -
@NickSzabo4@Piotr14Tra similar business case 2 grid or virtualization: maximize utilization of compute & storage idle on edge devices.
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@NickSzabo4 and not all to be decentralized. A layer of decentralization gives trust and a layer of centralization makes it work well.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@nickszabo4@odoudin Odd thing is, TTP or CVP is decentralisation in the minimum. Perhaps it is decentralisation done badly, or captured.Thanks. Twitter will use this to make your timeline better. UndoUndo
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