Irrelevant. Even if it has 10 splits it would still be centralised. A handful of people that control the miners decide when and how to split. Let it sink for a while.
Mining is not the same as controlling. If miners could control then they could for example cease bitcoin but they cant because if they were to stop mining other, new small miners would mine with -at first- a profitable economical mining difficulty, later bigger miners would come back in etc. Its all written in the code, that is why btc and decentralized blockchains are uncontrollable and wildly successful
Why cease bitcoin if it is so profitable? What kind of fucked up hypothetical is that?
Its all written in the code, that is why btc and decentralized blockchains are uncontrollable and wildly successful
ripple has a decentralised blockchain and is centralised. many other coins as well. I would suggest you do some read up on the coins made and the % who owns 80+% of all bitcoins.
Look! i mined steem by giving you an upvote worth 8 cents, i.e. there exist different kinds of decentralized mining - as you know. (and i dont worry about who owns what - i am not jealous at those who are either deservedly or undeservedly lucky)
Irrelevant. Even if it has 10 splits it would still be centralised. A handful of people that control the miners decide when and how to split. Let it sink for a while.
Mining is not the same as controlling. If miners could control then they could for example cease bitcoin but they cant because if they were to stop mining other, new small miners would mine with -at first- a profitable economical mining difficulty, later bigger miners would come back in etc. Its all written in the code, that is why btc and decentralized blockchains are uncontrollable and wildly successful
Why cease bitcoin if it is so profitable? What kind of fucked up hypothetical is that?
ripple has a decentralised blockchain and is centralised. many other coins as well. I would suggest you do some read up on the coins made and the % who owns 80+% of all bitcoins.
you will shit yourself.
Nobody can mine xrp other than ripple inc so the blockchain of xrp is totally centralized which is why i call it ripploff
who can mine Steem? check who owns 90%+ and come back to talk about ripploffs
Look! i mined steem by giving you an upvote worth 8 cents, i.e. there exist different kinds of decentralized mining - as you know. (and i dont worry about who owns what - i am not jealous at those who are either deservedly or undeservedly lucky)