The Paradox of Privatized Decentralization

The Paradox of Privatized Decentralization

Decentralization is at the heart of the Bitcoin revolution. One of the odd things about the actual Bitcoin world, though, is that many of the companies that have a lot of the power and clout - CEX.io, Ripple, and so forth - are incredibly centralized. Also read: Bitcoin Business Ideas to Get You Started. In order to do most anything in Bitcoin, one is often required to give up a bit of privacy by setting up a user account and a certain amount of control by handing over all the responsibility for the network activities to the authority in question. Looking Forward. The author of Land of....


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