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  1. Antanicus (antanicus@social.coop)'s status on Friday, 29-Jun-2018 04:02:34 EDT Antanicus Antanicus

    "Both Bitcoin and Ethereum mining are very centralized, with the top four miners in Bitcoin and the top three miners in Ethereum controlling more than 50% of the hash rate.
    The entire blockchain for both systems is determined by fewer than 20 mining entities."

    In other words: decentralization in the crypto space is a myth, just as it is a myth that cryptos are currencies at all.

    http://hackingdistributed.com/2018/01/15/decentralization-bitcoin-ethereum/

    In conversation Friday, 29-Jun-2018 04:02:34 EDT from social.coop permalink
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