🔵 Is 100% Decentralization Best? Bitcoin's Fail. The Future of Interconnected Blockchains. https://youtu.be/TX6KBDkibmw Decentralization is purely a means to the end goal of immutability. Decentralization is not the end in itself, and there’s a lot of people out there who I feel have been misled into thinking that decentralization is the end goal in and of itself, and anything that has 80% decentralization versus 100% decentralization is a “shitcoin”, when in my opinion that’s simply not the case. I would much rather have high throughput, high features, high transactional capacity, low fees and immutability and censorship resistance with a middle-ground of *enough* decentralization to make that possible, versus the ridiculous notion of “*must have 100% decentralization. Must be able to run 1MB blocks on Raspberry Pi nodes, on laptops built in 1990, so that we can have 100% decentralization—oh, but we can only do 4 transactions per second” and yes, I’m talking about Bitcoin. And that’s essentially the mindset of Bitcoin and that’s again why I feel very strongly that that’s a flawed mindset.* This clip is excerpted from full video: https://youtu.be/GS7xP4GXHiw - - - - - - - - - Disclaimer: This video is not financial or investment advice. Do not buy, sell or trade cryptocurrency, or make any financial decisions based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tools only. #bitcoin #btc #crypto #cryptocurrency #decentralization #news #blockchain #tokens #coins #price - - - - - - - - -  ⚡ ColinTalksCrypto.com ⚡ http://www.colintalkscrypto.com/  💜 EOS donation address/account name: colintcrypto 💜 Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0 💜 Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t 💜 Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF  💗 YouTube: http://youtube.com/ColinTalksCrypto 💗 Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto) 💗 Facebook: http://fb.me/ColinTalksCryptocurrency 💗 Instagram: https://instagram.com/colintalkscrypto/ 💗 Steemit: https://steemit.com/@colintalkscrypto 💗 Uptrennd: https://uptrennd.com/user/colintalkscrypto 💗 BitChute: https://bitchute.com/channel/colintalkscrypto/ 💗 D.Tube: https://d.tube/#!/c/colintalkscrypto 💗 3Speak: https://3speak.online/user/colintalkscrypto 💗 BitTubers: https://bittubers.com/profile/ColinTalksCrypto 💗 LBRY.TV: https://lbry.tv/@colintalkscrypto 💗 Read.Cash: https://read.cash/@ColinTalksCrypto 💗 SteemPeak: https://steempeak.com/@colintalkscrypto 💗 PeakD: https://peakd.com/@colintalkscrypto 💗 Commun: https://commun.com/@colintalkscrypto T-shirts and swag: https://teespring.com/stores/colin-talks-crypto
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2 comments
To me 100% decentralization is the best. That's what makes a coin to be a cryptocurrency. The video sheds light on what makes bitcoin fail, other factors also hold which we all know.
To me 100% decentralization is the best. That's what makes a coin to be a cryptocurrency. The video sheds light on what makes bitcoin fail, other factors also hold which we all know.