2018-01-28

Hello Steemians and investors, the question of today is: Can we create a centralized ICO/project on a decentralized platform?

The answer of this question is: yes you can add several functions to freeze and unfreeze accounts that mean you can have a centralized app on a decentralized system. For example look at the code below we can see the option to freeze account and unfreeze account as well as transaction

pragma solidity 0.4;
contract account {
  address blocker;
  address user;
  bool isBlocked;
 function account(address blockerAccount, address _user) {
    blocker=blockerAccount;
    user=_user;
    isBlocked=true;
  }
  modifier isUnblocked() {
    if(!isBlocked) {
        _;    }
  }
  modifier isBlocker(address msgSender) {
    if(msgSender == blocker) {
        _;    }
  }  
  modifier isUser(address msgSender) {
    if(msgSender == user) {
        _;    }
  }
  function unblock() isBlocker(msg.sender) {
    isBlocked=false;
  }
  function withdraw(address withdrawAddress, uint amount) isUser(msg.sender) isUnblocked() {
    withdrawAddress.transfer(amount);
  }
}

What is centralization?

Centralization refers to the hierarchical level within an organization that has authority to make decisions. Nowadays we can use both ways - it can be centralized at a high level and decentralized at lower levels. When decision making is kept at the top level, the organization is centralized; when it is delegated to lower organizational levels, it is decentralized.

To elaborate the debate, we will overview some benefits and disadvantage of centralized systems.

Centralized	Decentralized
Helping you monitor your Dapp, increasing security and fewer spammers	Don't have this possibility
Users Not equal: Account can be frozen loosing their coins	Against Censorship
Single authority to make decisions.	Ownerless, anybody is able to fork creating his version.
Faster to improve projects, every project has is own tasks	Takes longer time, have to vote for all the upcoming projects
Won't have diseconomies of scale i.e -duplication of roles.	Improving staff motivation
Prevent other parts of the business to become too independent.	decisions are made closer to customer needs
You can't see the code, can hide backdoors	Normally on Github, enable everybody to look at the code and copy it.

Do you see this issue is not simple as it seems to be. Basically, this is two different approach of management - every dept has is own job and do not concert with other depts or all of the depts shall have their words on the company developments.

 

What do you prefer, and why?