“When bitcoin first came out, I was on the cryptography mai…
“When bitcoin first came out, I was on the cryptography mailing list. When it happened, I sort of laughed. Because I had already proven that decentralized consensus was impossible.”
- Greg Maxwell
Replies
The funny thing is, Bitcoin isn't about decentralized consensus. That's what he and his ilk keep trying to turn it into.
No, it's not centralized either.
Degrees of centralization is a false spectrum. Meaningless, though it seems sound, superficially.