02-07-2023, 09:07 AM
Decentralisation should be the number priority of cryptocurrencies.
<!-- SC_OFF --><div class="md"><p>People speak a lot about the function of decentralization in cryptocurrencies. Decentralization, in my opinion, must be the ultimate goal cryptocurrency.</p> <p>Even for those who are into crypto only because of the money (most of us, nothing wrong on that), YOU WILL HAVE MORE MONEY TO SPENT. (Less fees compared to banks, smoother impact of inflation, etc.)</p> <p>BlockChains without decentralization are absurd from a developer's point of view. Removing decentralization to make blockchain faster is just a really bad Database implementation.</p> <p>The essential aspect of a cryptocurrency is its decentralised nature; all other features, like as high speed, low fees, and any other amazing technical innovations, are merely ways to improve it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Not_a__Lawyer"> /u/Not_a__Lawyer </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10vjmdv/decentralisation_should_be_the_number_priority_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10vjmdv/decentralisation_should_be_the_number_priority_of/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>People speak a lot about the function of decentralization in cryptocurrencies. Decentralization, in my opinion, must be the ultimate goal cryptocurrency.</p> <p>Even for those who are into crypto only because of the money (most of us, nothing wrong on that), YOU WILL HAVE MORE MONEY TO SPENT. (Less fees compared to banks, smoother impact of inflation, etc.)</p> <p>BlockChains without decentralization are absurd from a developer's point of view. Removing decentralization to make blockchain faster is just a really bad Database implementation.</p> <p>The essential aspect of a cryptocurrency is its decentralised nature; all other features, like as high speed, low fees, and any other amazing technical innovations, are merely ways to improve it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Not_a__Lawyer"> /u/Not_a__Lawyer </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10vjmdv/decentralisation_should_be_the_number_priority_of/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/10vjmdv/decentralisation_should_be_the_number_priority_of/">[comments]</a></span>