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RE: Decentralization on Steemit - Big Changes to Come...? - This deserves a post!

in #roadmap8 years ago

I get that you are talking about "The centralization of power" on steemit. I was confused by all this talk about decentrialzation because it did seem contradictory, until what I learned it was in reference to, the network not the power structure.

"A centralized ledger network controls the flow of information and operational control from a single central point. A distributed ledger network spreads computational workload across multiple nodes in a network. A decentralized ledger network allows nodes to make independent processing and computational decisions irrespective of what other peer nodes may decide."

"It is not unusual for distributed systems to also be decentralized (as is the case for a bitcoin network). What is unique about a blockchain network is its decentralized consensus mechanism. All validating nodes in the network run the same (agreed-upon) consensus algorithm against the same transactions, and thus validate (or invalidate) each transaction. Valid transactions are written to the ledger."

Source

But I agree that good things may be possible with more open communication from the roadmap.

Thanks

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