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by kogepathic
3265 days ago
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> Wait what? I'm not up to date on all the cryptocurrency going-ons. What's this referring to? I am also not up to date on the cryptocurrency du jour, but I believe this is in reference to the current civil war going on in BitCoin about the block size. [0] Basically the majority of mining power will decide which proposal is selected going forward. I only follow BitCoin tangentially, but I believe a majority of mining power is concentrated in a few mining pools, themselves controlled by a few people. So in reality "decentralized" really means "whoever can organize the biggest army" [0] http://www.investopedia.com/terms/s/segwit-segregated-witnes... |
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