Topic: Is Bitcoin truly Decentralised? - page 2. (Read 434 times)

The appearance and disappearance of top mining pools as presented on Top-10 mining pools on bitcoin network over years (2009 - May 2020) somewhat are good evidence for the decentralization of bitcoin.

All time

For graphs and stastistics in specific years, please visit that thread.

It doesn't appropriate for bitcoin. For other projects, it would appropriate since they have a known team & official website as well. For bitcoin, we can say its truly decentralized. There is no team nor official website, even we don't know actually who is the creator except our imagination. You will get lots of answers when you will search on Google why bitcoin is fully decentralized including Wikipedia.

What makes you assume that Satoshi Nakamoto is a real person and not a pseudonym? Many authors throughout history have made anonymous publishing or gone under pen names. If this is the case Satoshi Nakamoto may not even be a single person. Satashi Nakamoto is irrelevant, it's the code, the white paper, that's important and to this day it continues to work.

it also looks suspicious for this topic to have been started by an account that has been registered nearly 3.5 years ago. for someone who has been around this long, you would expect them to know pretty basic things that are also asked every other week around the internet by brand new members!

There are no truly decentralized projects, unfortunately

bitcoin is more then one thing.
its a brand, a currency and a protocol

they say the brand is decentralised because owners of the website domains associated with bitcoin information are different to the owners of the main codebase github. although this is questionable as most are affiliated with a small group of like minded people. its an endless debate of the scale berwwen decentralised or centralised

they say the brand of the software that makes the rules is decentralised because its more then one developer. but again its all one like minded group of developers that always agree on pretty much anything a smaller cluster of higher up popular devs promote. where other devs who want other things get pushed out of the brand and the network

the currency is only available within the network. on the blockchain. but this blockchain is distributed and audited by many independant people all with their own unique reason to hoard/trade/transfer or mine value

the protocol is not some AI self growing code. nor is it made by a single dev. but the base of devs that do create new protocol rules has slimmed down to a small cluster of like minded souls. and users dont get much choice in diverse opinions over the rules. nor get much chance to get their proposals herd if it defy's the cluster of devs opinion. thus they dont even get to the community level of deciding if a feature should be enabled because the proposal is halted before it even gets to a code release

i know some people will say that the community decide if features get implemented by them upgrading the software or not that includes the feature. but history has shown one brand has dominated that decision

i personally use btc and its my only asset i touch. but im not deluded by the dreams of decentralisation. and not afraid to call out on its issues that should be addressed. because a more decentralised brand,currency,protocol would be more secure

Lots of these questions are easy to google and some are speculative in nature. Not to mention some does not even relate to the centralized/decentralized debate. I suggest OP to search more and narrow down his question after defining what does centralization actually means.

Satoshi Nakamoto is a nickname.It surprises me that in 2020,there are people,who still believe that Satoshi might be Japanese.I'm just like,WTF people?Use your brains.
Bitcoin Core is truly decentralized,but most of the third party solutions and services that are built around Bitcoin(cryptocurrency exchange platforms,crypto wallets,Lightning Network,etc.) are centralized,which creates problems and changes the whole point of Bitcoin.Maybe that's why Satoshi left the Bitcoin community.He got disappointed that his creation will be used for the wrong purposes(mostly gambling and scamming).

Yeah you are right but different people take the meaning of decentralization in different ways. I don't think bitcoin decentralization have any relation with Satoshi Nakaoto's real identity or his living place. Worldwide bitcoin users have got the freedom of making hassle free transaction through bitcoin and if we forget the  KYC system of some wallets then no one gonna get your information. Governments are implementing KYC to bitcoin related sites and businesses due to its decentralization system and they know that without KYC they have no more option to track transactions. For me its enough to call that bitcoin is fully decentralized.    

There are no other bitcoin other than btc. There are others who claim to be 'real bitcoin' but all of them are bitcoin wannabes.  

You can send bitcoin peer-to-peer around the world without fear of your transaction being withheld by some third party service or some authorities. The only issue sometimes is it gets stuck for hours if you happen to send using a low fee at a time when the Bitcoin network is congested but that's a small price to pay.  

You should probably save this for another discussion. This is all about Satoshi Nakamoto and not about Bitcoin and btc being decentralized.

No, it's not just Japan or any particular country. If you read the message in the Genesis block, it says "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.". The message was taken from a London news, The Times, and it's about the global financial crisis in 2008. Bitcoin was launched with a mission to revolutionize the global financial system with a decentralized payment system.

Both websites relies on donation but I bet you already know that and you are only interested on who the donors are . I don't think they wanted their names to be revealed and they probably appreciate it if you respect that. If you are too eager to know, trace all the wallet that sends to their bitcoin deposit addresses.    

This one https://bitcoincore.org? Anyone can contribute even if it's not in terms of money.

"The Bitcoin Core project has a large open source developer community with many casual contributors to the codebase. There are many more who contribute research, peer review, testing, documentation, and translation."

You are talking about a lot of things which do not actually matter on Bitcoin's decentralization.

Bitcoin's decentralization is not about Satoshi Nakamoto or Gavin Andresen, whether or not Satoshi is born in Japan, or Japan being too ahead compared to other countries in terms of technology, etc. Bitcoin's decentralization is simply all about removing third parties in transactions between persons. That's all decentralization is about.

Bitcoin.org doesn't matter. Though it's a reputable website(obviously a lot more reputable than it's .com counterpart) and and is almost like "the" bitcoin website, obviously, it's a centralized website that's being handled by a central authority.

Also, GitHub is centralized(hence can be taken down), but Git is decentralized. https://blog.devmountain.com/git-vs-github-whats-the-difference/

Bitcoin is truly decentralized but companies take advantage of its decentralized idea to create a centralized form of exchange around it so they can profit from it. It's helpful for the most part, but the KYC parts are the part that makes the "decentralized" part of BTC seem non-existent. Also, if Japan had info regarding Satoshi Nakamoto, they'd probably have released it already in the past decade, and seeing they haven't we can assume they had no info about him. We can safely assume that Satoshi left no traces, at least ones that could lead back to his identity.

Quick search shows that Galvin Andresen has left programming and is now focusing on his company. His access to the Github source was stopped at 2016 after him stating that Satoshi was CSW. Not sure about more info though.

https://decrypt.co/29517/the-bitcoin-org-website-is-getting-a-new-owner

The link above states that Co-Owner of Bitcoin.org is Cobra, and well is planning to hand over to other people in the near future.

I doubt they could make this happen. This is probably possible if they set the name for Bitcoin as completely illegal in the entire world, stamping it's name with something similar to a criminal.

The Bitcoins itself is Decentralized , but there are few things that always come in the way :

1. Governments demanding KYC every now and then , wallet softwares making it very easy to Track them.

2. The whales usually connect with each other and try to influence the price of Bitcoins

3. Fake whale alerts are being created by people having a lot of Bitcoins , they generally transfer them from one wallet to another and inturn it may cause people to panic buy and sell.

4. Bitcoins Futures and the stock market taking interest in Bitcoins is not a really good thing since they are unnecessarily creating a middle man that is not necessary.

5. Governments seized many mining farms and thus they might be just trying to dominate Bitcoins indirectly.

                               -°-

For the long term it's actually not a good thing for sure . As you have your doubts so have most of the companies, we don't really know how it will go about but we can sit back and do out part , educate people about Bitcoins and other cryptocurrencies.

If the domain wasn't registered by Satoshi then most likely it was registered by Sirius - (Martti Malmi). Likely you will fund few more information here.

We can just assume someone from both of them registered the domain, but of course, most probably they had used the latest technology to hide their real identity. And based on that, I can say Bitcoin is truly decentralized since even it doesn't have an official website.

No one could give you exact answers about Satoshi's motives, better search Google and get some ideas.

Whats this Original Bitcoin and this BTC? Are they different coins with different visions at the beginning or there was a hard fork or something?

Is bitcoin or BTC truly decentralised? Who registered the domain name bitcoin.org back on 18th Aug 2008?

Does Japan have any archives or medical records of Satoshi Nakamoto? Japan is always known to be a advanced tech country so surely there must be some trace of Satoshi electronically or on paper trace if hes really old. Whats Japan authorities saying on this? Its near impossible to just vanish without trace in these times of technology where your traces are easily recorded somewhere unless Satoshi was a hacker and wiped himself clean from govt. databases leaving no trace fearing the current Zionist worldwide financial system will come after him or something.

Or satoshi was born outside Japan? if not and if he was in Japan when he created bitcoin then why didnt he registered bitcoin website as bitcoin.jp instead of bitcoin.org? Japan is know to have the latest tech 1st before the whole world has it. For example Japan is known to have HDTV back in the 70-80s before the whole world had it like 30 years later! Also theres tech/inventions thats never gets released worldwide and only available in Japan.

Japan has its own economic inflationary problem so is bitcoin was originally designed for Japan and its population only?

Does Gavin Andresen still control the code at the code repository located at GitHub? Does he still have the Network Alert Key?

Gavin Andresen became the lead developer at Bitcoinfoundation.org

Final question who funds bitcoin.org and bitcoinfoundation.org and who funds the development teams at bitcoin core? Updating bitcoin core with latest releases takes time and money so obviously somebody is funding it or are they all just happy crypto geeks who are volunteering at this so called non-profit organisation for the greater good for mankind financially?

What happens if governments took down the github repository, and the .org websites associated with bitcoin and put all those geeks in jail as well whoever is funding it? Will bitcoin still run?