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in #bitcoin8 years ago

Blackany will rule the world — doubt that are shrinking with each passing day. Right before our eyes, this unique technology creates a global environment for socio-economic cooperation, available not only to people, communities and associations, but also the various independent artificial agents.

Around each of the blockchain and based on it applications are inevitably shaped by the social network, the value of which increasing the number of participants grows exponentially in accordance with the law, reed. In contrast to the previous centralized models, this value can't possess neither the intermediaries nor the owners of the network – instead, it is divided among the members of the network that serves as the economic incentive for effective cooperation that is not based on coercion.

Not all blackany the same. Truly scalable, global cooperation is possible thanks to three key properties of the blockchain: openness, neutrality and immutability.

The blockchain needs to be open. Rules of the game should be open to all without any reservations. Everyone should be able to join the network at any level. Everyone should have the opportunity to use the network according to its rules. Everyone should have the opportunity to create a client implementation of the open Protocol. Everyone should have the opportunity to contribute to the security of the network. Any restrictions hinder the scalability and increase the risk of centralization, therefore, no registration, no identification – nothing should restrict network access to people or robots.

The blockchain needs to be neutral. All participants in the blockchain of the network must be equal. No matter whether you manage billions, or live from paycheck to paycheck. It does not matter whether you deserve a halo while still alive or you even despise the untouchables. In whatever you believe, whatever political views nor adhered to, the rules should be the same for everyone, period. Devoid of neutrality, the system will give an unfair advantage some parties over others. This will prevent the spread of the network and make it less useful for everyone.

The blockchain needs to be changed. The blockchain is a truth, universally accepted version of history, the only correct sequence of events, forever protected from censorship. What is true today will be true always, no matter how fleeting the business interests or configuration of political alliances, and no amount of lobbying can't change that. If you leave in the rules of any loopholes that are pretty motivated and motivated groups will exploit them to the detriment of others, making the network less useful for everyone. If change history is not possible, then no one will waste valuable resources.

Changing the rules governing the blockchain network must be possible without 100 percent consensus. Yes, 100 percent, because any change in the rules, with which I agree, not all participants, is the reason for the split network, which will make it less useful for everyone.

These three characteristics are attainable only if the system is truly decentralized. Centralized control over any aspect of the blockchain system is the attack vector, potentially allowing it to break one or more key characteristics of the blockchain. Limiting participation in the work of the network (for example, laws to combat money laundering or the requirement of “know your customer”) violates the principle of openness. Selective discrimination of users (e.g., filtering, “illegal” transactions) violates the principle of neutrality. Rewriting history events (e.g., confiscation or redistribution of resources) violates the principle of immutability. The creation of a centralized “checkpoints” and any attempts of regulation of the network inevitably lead to leakage of value from it, making it less useful for the other participants.

Thus, decentralization is the most important feature on blockchain systems, from which all the others depend. Decentralization blackany really will rule the world. Without decentralization, they at best will be niche applications.

We decentrality determined to do everything possible to have as many blockchains were created open, neutral, and unchanged. We intend to maintain the blockchain-the decentralized system. This is the guiding principle in all our actions and our attitude to any developments in kryptomere and beyond. Any attempt to violate any of the key characteristics of the block chain must be stopped. Any change to the rules that exacerbate the risk of centralizing a blockchain-based networks, must be avoided. Any actions that contribute to decentralization or strengthen three key features of block chain, deserve our unqualified support.

Blockchain revolution can only be decentralized – let's take care of that. Separately and together.

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