wry Posted October 4, 2018 #1 Posted October 4, 2018 At the recent Crypto Springs conference a few speakers criticized how Bitcoin really isn't decentralized. I've seen this type of criticism before, especially in regards to mining now that ASICs are so common but this was more focused on the Bitcoin Core team. As I pointed out in another thread (see below) there was a bug that needed to be corrected in the Bitcoin Core software that would have allowed the 21 million hard cap of coins to be violated. The bug was corrected, but by working "behind closed doors" with large miners, not in a way consistent with decentralization. I think this is the yet another big tension in Bitcoin, it's not as private as we thought and not as decentralized as we thought it would be. Still a fan of the project, but not a heart warming development. Article on decentralization: https://www.coindesk.com/nothing-is-decentralized-crypto-springs-confronts-techs-shortcomings/ Post on the error that they were complaining about:
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