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by infowl 3045 days ago
Don't mistake "Cryptonetworks" as being decentralized.

If you follow this history of previous popular open source decentralized software projects, you can see how easily a few participants can manipulate the entire ecosystem with no accountability.

Censorship, astroturfing, manipulative code and backdoors... negligence or malicious plausible deniability.

How do you hold bad actors accountable in decentralized networks?

Vote?

With money? (Hash power is simply a mask for existing capital)

Vote with (pseudo)anonymous accounts? ... https://en.wikipedia.org/wiki/Sybil_attack

Vote with points earned though early adoption?

Vote by being on the team of developers?