RE: Crypto Academy Contest / S1W3 – Reviewing Blockchain through the concepts. by @prince4icon
This concept talks about the independent nature of the system, when I talk of independent I mean that the System does not have a center that it depends on for control, the data saved in the system is distributed across many computer systems known as nodes. I will emphasis more on this concept later.
This is vert true and it is the main reason why the pseudo Satoshi Nakamoto created bitcoin. He aimed at eliminating the middle man.
One thing that I would like this concept to add to to it system is a touch of Centralization. I know I may be sounding contradictory, but any system that lacks a center usually have a management issue.
I beg to disagree with this point. Centralization is the reason Decentralization came. If we turn to centralized the system again then it's loosing it's purpose. It's either we are centralized or Decentralized,not in-between
Thank you for your publication. It's good
Thank you for going through my post, but am not saying we should go back to Centralization, am only suggesting that a touch of Centralization should be added. For example a customer care service that would see to some issue that is being neglected in this system, but is very important. I don't know if you have did a little mistake in your transactions before, if yes how did you feel. All we want to do is to make the system better. From my write up you would see that I don't like the Centralization system.