That is one thing that may turn some people off from ETN, is that there are some aspects that are centralized, one big example is the mobile miner.
I would also point out that ETN is a DECENTRALIZED blockchain.
The balance between the two, and getting the best of both worlds, is what I believe will one of the main factors that catapult Electroneum to cryptos first case of true mass adoption.
I get where you are coming from, but that's not how things work.
Either a project is decentralized or centralized, you can't be both in 1 project, easy as that.
And you can't split a project neither by saying the blockchain is decentralized but everything else is centralized, that's not how decentralized things work, seriously not.
To compare here an example: You can't be a non profit foundation and a profit coroporation in the same time by saying donations and volunteer work is done by the foundation part of our project and the profit making is done by the corporated part of the project. While your argument "getting the best of both worlds" holds true in theory, in practice it's just pure centralized, easy as that.
As soon as you have 1 centralized factor the others don't matter anymore.... And actually this factor is the "head", the most important factor of the whole project.
Feel free to correct me if i miss something.
Yes, you missed something lol
Kinda hard to say something cant be decentralized and have centralized aspects to it when its happening right before our eyes. So no, its not just "easy as that" sorry.
The very large majority of the miners decided/voted with their hashpower to follow the ETNs official chain just days ago. In Moneros case, this didnt happen and years back the community left the original developer of Monero by the majority mining on a chain that separated the community from the original developer.
This is an great example of decentralization.
This same decentralization is present with ETN today.
AND
We also see Richard having full control of the money raised, the mobile miner is centralized, and they have a patent on the Instant Transaction Tech.
So to say you cant have both is not true now is it?
We are witnessing it occur right here.
Its undeniable. The proof if right in front us.
This is part of the magic..
Its amazing when you think about it
** like I said, it may not be DECENTRALIZED ENOUGH FOR SOME, but there are aspects that are decentralized in the project.
Look at the spread hashpower of Bitcoin. That is a centralized part of Bitcoin that many dont like.
You can have both aspects in a project