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khamelean t1_j1zc5wc wrote

It also fails as a decentralised system of trust. Despite the proponents claims of a 51% attack being incredibly unlikely, it’s already happened multiple times, even to the largest blockchain networks.

Blockchain is an interesting concept on paper, but the primary advantage of decentralised control has been proven to be unreliable.

There are simply no problems solved by blockchain that can’t be solved more efficiently and effectively by other alternatives.

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