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The boys…most of the time best mates sometimes drive each other crazy 🤪
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"Decentralization" as accountability sink
the common meaning of ‘decentralized’ as applied to blockchain systems functions as a veil that covers over and prevents many from seeing the actions of key actors within the system. Hence, Hinman’s (and others’) inability to see the small groups of people who wield concentrated power in operating the blockchain protocol. In essence, if it’s decentralized, well, no particular people are doing things of consequence. Going further, if one believes that no particular people are doing things of consequence, and power is diffuse, then there is effectively no human agency within the system to hold accountable for anything.
-Angela Walch, Deconstructing 'Decentralization': Exploring the Core Claim of Crypto Systems
h/t DSHR
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I wonder how many times I’ve said “it’s too hot” today 😊🤣
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