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by dilemma 3230 days ago
Blockchain isn't decentralized. The network is run by a handful of companies, mainly in China.
2 comments
dmm 3230 days ago
Even if every chinese miner decided to collude and generate invalid blocks the result would be those blocks being rejected by the standard bitcoin nodes in favor of any valid blocks. Having a majority of hashing power does give them power but it definitely doesn't give them control over bitcoin.

Mining is centralized but bitcoin consensus is decentralized.

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jasode 3230 days ago
I was talking about blockchains. Are you talking about Bitcoin?

blockchain != Bitcoin

blockchain != Ethereum

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dilemma 3230 days ago
Reasons other blockchains won't exhibit the same behavior as the two most used ones? None.
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codegladiator 3230 days ago
Reasons N+1 th implementation wont exhibit the same behavior as the N most used ones ?

How is that none ?

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