Submitted by CherylHeppner t3_11fwvg7 in Futurology
boersc t1_jalt01h wrote
Yes, but not in the crypto-form that's currently the hype. Crypto is inherently flawed as it uses wat too much redundant power and scales up with people's greed, making it less efficient. However, the internet itself is highly decentralized and i s ahuge succes, especially as it is extremely robust. You can take out part of it, but not the entire internet, and data always finds a route to its destination.
So yeah, decentralized definitely has a future, but not the monetary one.
ovirt001 t1_jascdwo wrote
> uses wat too much redundant power and scales up with people's greed, making it less efficient.
Proof of stake fixes this. The point of crypto's design was to be greed-driven so that everyone participating for their own benefit ends up benefiting the system as a whole.
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