Topic: Bitcoin as one part of the Decentralized Revolution (Read 1506 times)

Quote from: AliceWonderMiscreations on March 09, 2016, 04:47:42 PM

Hm... Guess you need a second Revolution to really decentralize the mining...

That would be devolution. Because once upon a time, mining was decentralized.
As was pretty much everything else. There even was a time without governments or nation-states. But then man learned to use clubs and crude stone tools, and ...here we are Sad

Actually the term evolution does not preclude into adapting to gain a former trait that has been lost.

And bitcoin very well may do that.

Sure. Nor does devolution preclude gaining a former trait that has been lost.
The thing about evolutionary development tho, is it implies growing specialization and complexity.

No it doesn't. It simply implies adapting to different conditions.

Complexity often decreases in evolution, e.g. lizards evolving into snakes.

Sure. Snakes lost their legs, we lost our tails (which were rather articulate, to boot), mole rats lost their sight, etc. I said "implies." "Regression" and "devolution" are much more descriptive. And, of course, you deftly edited out the gist:

Quote from: AliceWonderMiscreations on March 09, 2016, 09:04:20 PM

... But you see the pattern I'm driving at. The conditions which caused mining centralization haven't changed, so my guess is it won't change either.

Evolution can go into any direction, also sometimes 'back' (example: whales) . It's all about best, quickest & superior adjustments to the Environment.

So if bitcoin want to be top & alive -> flexibilty / evolution is a MUST (decentralization & scalability are most critical points IMO).

QuestionAuthority

legendary

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You lead and I'll watch you walk away.

How about two of the largest purveyors of government propaganda in the world decentralized news networks and education.

kanazawa

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I really agree that it's the essence of decentralization... even if some dickhead says "it concentrate in a pole" I don't give a fuc* abou that... to me, at least where I live things are very hard and btc has come to arrive and to blow everything -- government, banks, etc. It's just a matter of "how" it will be used. Hey guys, let's use it for everything, please, please Cheesy

ahpku

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My suspicion is the less profitable mining is, the more decentralized it will become.

Bitcoin grew too rapidly in value for it to stay decentralized, but mining farms don't make a lot of sense when the payout is small.

Sure, anything can happen.
Chinese electrical rates could go up around x10, so folks in Belgium can start mining.
It might become substantially cheaper to buy a single miner, instead of a warehouse full of them.
Bitcoin could get banned in China; factory mines become impractical due to Vesuvius-like IR signature (shoot a heatseeker, randomly, up into Chinese sky, odds of it locking onto a Bitcoin mine: 100%).

And, of course, Mom'll never have the heart to mention electrical bill to her 30-yr-old Bitcoin enthusiast Undecided

romero121

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DGbet.fun - Crypto Sportsbook

Bitcoin can be considered the leader of decentralized revolution. Only because of its decentralized nature bitcoin has got such a great acceptance though it can only be used in the digital form. In future if everything gets the digital form with decentralized nature lot change can be felt in the world.

AliceWonderMiscreations

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My suspicion is the less profitable mining is, the more decentralized it will become.

Bitcoin grew too rapidly in value for it to stay decentralized, but mining farms don't make a lot of sense when the payout is small.

AliceWonderMiscreations

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Quote from: ahpku on March 09, 2016, 08:18:35 PM

And, of course, you deftly edited out the gist:

Quote from: AliceWonderMiscreations on March 09, 2016, 07:54:07 PM

... But you see the pattern I'm driving at. The conditions which caused mining centralization haven't changed, so my guess is it won't change either.

Actually it very well could change after the halving. Time will tell.

ahpku

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Quote from: AliceWonderMiscreations on March 09, 2016, 04:47:42 PM

Hm... Guess you need a second Revolution to really decentralize the mining...

That would be devolution. Because once upon a time, mining was decentralized.
As was pretty much everything else. There even was a time without governments or nation-states. But then man learned to use clubs and crude stone tools, and ...here we are Sad

Actually the term evolution does not preclude into adapting to gain a former trait that has been lost.

And bitcoin very well may do that.

Sure. Nor does devolution preclude gaining a former trait that has been lost.
The thing about evolutionary development tho, is it implies growing specialization and complexity.

No it doesn't. It simply implies adapting to different conditions.

Complexity often decreases in evolution, e.g. lizards evolving into snakes.

Sure. Snakes lost their legs, we lost our tails (which were rather articulate, to boot), mole rats lost their sight, etc. I said "implies." "Regression" and "devolution" are much more descriptive. And, of course, you deftly edited out the gist:

... But you see the pattern I'm driving at. The conditions which caused mining centralization haven't changed, so my guess is it won't change either.

AliceWonderMiscreations

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Activity: 182

Merit: 107

Quote from: AliceWonderMiscreations on March 09, 2016, 04:47:42 PM

Quote from: BellaBitBit on March 09, 2016, 05:45:59 PM

Hm... Guess you need a second Revolution to really decentralize the mining...

That would be devolution. Because once upon a time, mining was decentralized.
As was pretty much everything else. There even was a time without governments or nation-states. But then man learned to use clubs and crude stone tools, and ...here we are Sad

Actually the term evolution does not preclude into adapting to gain a former trait that has been lost.

And bitcoin very well may do that.

Sure. Nor does devolution preclude gaining a former trait that has been lost.
The thing about evolutionary development tho, is it implies growing specialization and complexity.

No it doesn't. It simply implies adapting to different conditions.

Complexity often decreases in evolution, e.g. lizards evolving into snakes.

ZyclonRacerX

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Crowd lending gets rid of banks for example.

Working great thus far

https://bitcointalk.org/index.php?board=65.0

BellaBitBit

hero member

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The Decentralized Revolution is exciting. Great list and a great reminder of all of these components. Not sure if it fits but I would add anything to do with Crowdsourcing. Crowd lending gets rid of banks for example.

BTCBinary

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Bitrcoin was the first one to start the DAC revolution. It also made the attention turn into the need for decentralization in several sectors of our society.
Cheers to bitcoin who marked a new technological revolution.

ahpku

sr. member

Activity: 294

Merit: 250

Quote from: AliceWonderMiscreations on March 09, 2016, 04:47:42 PM

Hm... Guess you need a second Revolution to really decentralize the mining...

That would be devolution. Because once upon a time, mining was decentralized.
As was pretty much everything else. There even was a time without governments or nation-states. But then man learned to use clubs and crude stone tools, and ...here we are Sad

Actually the term evolution does not preclude into adapting to gain a former trait that has been lost.

And bitcoin very well may do that.

Sure. Nor does devolution preclude gaining a former trait that has been lost.
The thing about evolutionary development tho, is it implies growing specialization and complexity. Give you an example, show you what I mean: Fish didn't evolve into bacteria, bacteria didn't evolve into molds, which, in turn, didn't evolve into elemental hydrogen.
*I know nothing about biology/evolution, so just guessing. But you see the pattern I'm driving at. The conditions which caused mining centralization haven't changed, so my guess is it won't change either.

AliceWonderMiscreations

full member

Activity: 182

Merit: 107

Hm... Guess you need a second Revolution to really decentralize the mining...

That would be devolution. Because once upon a time, mining was decentralized.
As was pretty much everything else. There even was a time without governments or nation-states. But then man learned to use clubs and crude stone tools, and ...here we are Sad

Actually the term evolution does not preclude into adapting to gain a former trait that has been lost.

And bitcoin very well may do that.

hv_

legendary

Activity: 2534

Merit: 1055

Clean Code and Scale

Hm... Guess you need a second Revolution to really decentralize the mining...

That would be devolution. Because once upon a time, mining was decentralized.
As was pretty much everything else. There even was a time without governments or nation-states. But then man learned to use clubs and crude stone tools, and ...here we are Sad

Nearly, if you d put down the market cap as well. Keeping that growing there needs to be a second evolution having better genes and better decentralization forces to ensure the trust given by capital.

ahpku

sr. member

Activity: 294

Merit: 250