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Topic: There are no decentralized cryptocurrencies - page 3. (Read 390 times)

legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
December 23, 2021, 03:00:54 AM
#3
you can create and manage completely off line a bitcoin wallet (check glacier protocol).
you can also receive block through satellite and not just internet.
decentralization is something really hard to achieve.
and for what we know (taking in account several index and pattern) there is just one crypto coins really decentralized.
it's really hard to have another coin decentralized, from the scratch, probably it can happens, but PoW that helps bitcoin blockchain it's something close impossible to achieve
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 23, 2021, 02:55:07 AM
#2
Where have you been the past over 10 years? :-D
newbie
Activity: 18
Merit: 0
December 23, 2021, 02:42:37 AM
#1
...as of now. As long as we have ISP's who grants us access to the internet, or any part of that internet, hardware-wise and otherwise, is controlled by any central authority or produced non open source.

Don't get me wrong, I love what is going on.  BTC and friends are shaking up the world monetarily and the potential for a future where traditional banks and their power over the little people (that's 99.9999% of us) are no more.  It is a light in the tunnel, if we can keep our eyes from being fooled by the artificial lights designed to lead us back into the darkness.

But. As long as we rely on any centralized system, crypto can not be truly decentalized.  How do we solve this?  What is the next step towards true decentralization? A world-wide cascading network of long range radio devices (HAM, LoRa, etc) that people can assemble and program themselves?

What do you think? Or are the fundamentals I presented above faulty? Please let me know!
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