Looks like a beautiful rainbow to me. Remember that Satoshi was the only miner, node operator and dev for the entire first year of Bitcoin's existence. So we're already much more decentralized than th...
Satoshi was the only miner, node operator, and dev—yet Bitcoin survived its infancy."
Decentralization isn’t measured by headcount alone, but by the inability of any one entity to unilaterally impose change. That first year was a fragile experiment, not a blueprint.
How do you define "much more decentralized" in practical terms?
Decentralization isn’t measured by headcount alone, but by the inability of any one entity to unilaterally impose change. That first year was a fragile experiment, not a blueprint.
How do you define "much more decentralized" in practical terms?
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