Some people argue that the Ethereum network is decentralized, others claim that it is captured by the developers and state actors. What are your thoughts?
Yes0.0%
More than not10.0%
Somewhat0.0%
Partially20.0%
No70.0%
10 votes \ poll ended
10 sats \ 1 reply \ @kepford 15 Nov 2023
If you are serious about this question watch this video
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0 sats \ 0 replies \ @Rock OP 15 Nov 2023
I love Matt Kratter
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22 sats \ 1 reply \ @harrr 15 Nov 2023
Lol, when the first DAO failed they rewrote the rules to "fix" the "exploit". Doesn't even matter if it was a centralized decision or not, CODE IS NOT LAW with shitcoins.
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0 sats \ 0 replies \ @Rock OP 15 Nov 2023
Agreed
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22 sats \ 2 replies \ @Zepasta 15 Nov 2023
deleted by author
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0 sats \ 1 reply \ @Rock OP 15 Nov 2023
I totally agree about the CEOs, marketing, and foundations being the antithesis of decentralization. People still seem to try to argue that it's decentralized though, I just wanted to hear peoples thoughts.
I see a lot of ETH heads moving the goal posts saying that it's decentralized enough to do what it needs to do but I'm not so sure.
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0 sats \ 0 replies \ @kepford 15 Nov 2023
These aren't serious people IMO.
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22 sats \ 3 replies \ @kepford 15 Nov 2023
The move away from PoW was the last nail in the coffin. Eth is completely centralized IMO. State actors, the foundation, and the pre-mine.
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1 sat \ 1 reply \ @kepford 15 Nov 2023
My question for people that own / believe in Eth is why? Why is decentralization important? What are the consequences of centralization in your opinion? I really can't figure out why Eth people care about it at all. They don't seem to be concerned about state actors based on their actions. They seem to have a very non-adversarial attitude. So I ask, why do you need to be decentralized?
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0 sats \ 0 replies \ @Rock OP 15 Nov 2023
This is exactly the kind of discussion that I was trying to get at with this post.
Basically all cryptocurrencies just market themselves off of the things that make Bitcoin genuinely useful and ditch them when it suits them.
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0 sats \ 0 replies \ @Rock OP 15 Nov 2023
Yeah I don't understand how people can get past the ICO, nobody has ever given me a solid answer about that. I wonder how the transition to PoS will play out over time.
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0 sats \ 2 replies \ @DarthCoin 15 Nov 2023
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8 sats \ 1 reply \ @Rock OP 15 Nov 2023
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0 sats \ 0 replies \ @0xbitcoiner 15 Nov 2023
It's not a flaw. It's just the way it is 😄
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