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Topic: Are blockchains really decentralized? - page 2. (Read 195 times)

full member
Activity: 378
Merit: 135
September 16, 2021, 04:14:31 AM
#3
There is no blockchain that is completely decentralized. "Anyone who has 51% of bitcoin hash rate, ethereum hash rate, Sol token (any dpos/pos chains) can pause or reorganize a chain". So if 51% of the miners agree it is possible to be paused.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
September 16, 2021, 03:59:52 AM
#2
Hello everyone, I have a question. Solano Blockchain network was overload two days ago, how was it possible for the network to be shut down? Doesn't that mean Solana Blockchain is centralized?
Im quite confuse too. As far as I know they are decentralized but having this event that shutfown their networks shows not in blockchain aspect. Many have the same questions. But I wanted to hear also the opinion of those who are expert here in blockchain. For me, the moment they have their network shutdown, clearly states that they arent decentralized at all. Anyway, better hear this from an expert.
hero member
Activity: 966
Merit: 701
September 16, 2021, 03:26:31 AM
#1
Hello everyone, I have a question. Solano Blockchain network was overload two days ago, how was it possible for the network to be shut down? Doesn't that mean Solana Blockchain is centralized?
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