Richard Bucker

Blockchain Is Not Decentralized

Posted at — Jun 30, 2022

I have been saying that BlockChain is not decenralized for years. I feel vindicated that the pentagon agrees.

At this point I do not even know what to say. As long as the cost of altering the blockchain is more costly than the benefit it’s still a reasonable technology for small applications just not the world’s money or data. For everything else it’s just the same as a rolling checksum.