Deceltralization

Exploring the Impossibility of Full Decentralization

Exploring the Impossibility of Full Decentralization By Vlad Andrei This article first appeared on albaronventures.com In our quest to escape from existing corrupt centralized systems, we may believe that it’s possible to achieve complete decentralization. However, recent academic research shows that this is unfeasible — at least sustainably. For example, Bitcoin’s Proof-of-Work (PoW) mechanism relies on many different […]

Ethereum thinks it can change the world. It’s running out of time to prove it.

The blockchain system has daunting technical problems to fix. But first, its disciples need to figure out how to govern themselves. It’s late October. Outside the sprawling Prague Congress Centre, not only is the weather turning, but the cryptocurrency world is crashing down, as it has been for much of this year. Expectations for blockchain […]

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