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
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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.
Agreed
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.
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?
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.
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.
If you are serious about this question watch this video
I love Matt Kratter
https://i.postimg.cc/jqNs4hW3/ok-shitcoiner.gif
https://m.stacker.news/5016
It's not a flaw. It's just the way it is 😄
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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.
These aren't serious people IMO.