The Blockchain is Immune to Greed

in #blockchain7 years ago (edited)


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You might be thinking: There is no way a blockchain can be incorruptible. Blockchains are built by people and people someone will always try to take more than their fair share. You would be right, of course. A blockchain will likely always become centralized given enough time. However, The Blockchain, the concept behind all blockchains, can never be taken away from us.

Satoshi Nakamoto has given humanity a truly valuable gift. No matter which blockchains become centralized/corrupted/pyramid-scheme/closed-source/wasteful/etc another one will always pop up in it's place, made stronger and more resistant than ever to the problems that plagued its predecessors.


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Blockchains will always be open source. Encryption allows for this amazing possibility. If someone releases one that isn't, who's going to use it? No one. Because of this ingrained transparency, people are always going to be flocking to the most fair system.

When looking for a blockchain to support you should consider these attributes:

Decentralization
Application
Inflation
Speed
Comminuty

I'll think about this more and go in depth another time. For now, this Christmas Eve, think about this truly amazing gift that has been bestowed upon humanity. I believe that 2018 will be the year that mainstream society comes to realize how valuable The Blockchain really is.

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