On 2015-08-31 21:24, Allen Piscitello wrote:
Even so, decentralization is a means to an end - not an end-goal. It is essential for Bitcoin to be a useful alternative, of course.
The justification for the existence of Bitcoins hinges on it. What is described in the whitepaper is a system without the trust of third parties to process electronic payments, this can not exist without decentralization. Absent any unforseen revelations this is a requirement rather than a suggestion or fleeting fancy. Below a decentralized Bitcoin you are free to make systems as centralized as you please without affecting the parent, below a centralized Bitcoin there is no room to make it less. We really only have one shot at a properly bootstrapped, decentralized currency, and it would be a great shame to mess up the one we have with hasty decision making for unclear goals. _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
