Topic: Decentralization to estabish the perfect ecosystem model for cryptocurrencies. (Read 107 times)
May 15, 2018, 02:05:59 PM
decentralization is one of the coolset attribut the people are looking forward actually. maybe it's not important for content delivery and communications platforms. but decentralization is important.
May 15, 2018, 06:37:18 AM
Decentralization has many benefits for the crypto currency market. For the decentralization provides faster and cheaper transaction system. It makes the crypto transaction cost effective which is not possible under the centralized system. Moreover it is very difficult to hack the system due to the presence of decentralization system. Another major advantage of the decentralization system is the seamless integration with the secure hardware wallets. Under the centralized system we will not get such benefits.
May 15, 2018, 01:09:41 AM
I think that is the basic requirement of decentralized money system. So to ensure blockchain and make it functioning, a central server has to be set up.
May 14, 2018, 09:43:51 PM
Yes, the delivery and communication platforms are really good in centralized system. Some organizations and customers take benefit from both the system by utilising their favourable features and eliminating the not so beneficial ones. 
May 13, 2018, 09:10:03 AM
How much the market do really need decentralization to build the perfect model when everything is pretty fine with classic model of central servers?
Not talking about things with proof of work type systems, but for content delivery and communications platforms it seems pointless to waste bandwidth on the mesh when there's a perfectly good fiber link right there.
Central servers seem to be pretty efficient because the data is in one place. You don't need to search all over a network. And most of the time it's fine. It's a problem when a service goes to crap, or your internet goes down, or you just want to move to a different server, etc.
So shouldn't decentralized tech take advantage of central servers as much as possible?
Not talking about things with proof of work type systems, but for content delivery and communications platforms it seems pointless to waste bandwidth on the mesh when there's a perfectly good fiber link right there.
Central servers seem to be pretty efficient because the data is in one place. You don't need to search all over a network. And most of the time it's fine. It's a problem when a service goes to crap, or your internet goes down, or you just want to move to a different server, etc.
So shouldn't decentralized tech take advantage of central servers as much as possible?
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