@iLoveJaneAdams@CryptoEsq_ Bootknocker is correct. There is literally no community standard for decentralized. Everyone uses this buzz word to promote their favorite project, but literally no one can articulate what it means to be decentralized, and how they determined it.
@jchervinsky Sounds like all the people you hang out with don't know what they're talking about. ETH is 100% a security. They held an illegal ICO to fund development of the ETH protocol. It fits every single element of Howie. Ffs, where did you go to law school dude?
Sorry to hear it Bill. As you've recently learned, @JohnReedStark is a corrupt piece of shit. He's unable to articulate his positions and feigns expertise in securities matters. Luckily, he's not respected in the securities industry, so it's nothing to lose sleep over.
He had to block me because he could not answer the evidence. As soon as he accepts even one example of real world utility which I gave him for XRP & Tranglo his extreme edifice that all crypto is fraud, criminal & a sham starts to crumble. Gensler is the same but has to hide it.
@cyber_hokie@dcinvestor And that's a problem, because no one wants to address this elephant in the room, but everyone wants to describe their favorite project as decentralized and claim someone else's favorite isn't decentralized enough or is centralized. Ok, well how can we know for sure?
@cyber_hokie@dcinvestor 2/ affects liveness. If it goes, so does that L2 entirely. There needs to be technical, measurable standards for what is sufficiently decentralized, based on the type of protocol. Right now, we have none.
@dcinvestor Do you care about progression of Blockchain? If so, this is a question we must answer. Does it matter to you that no criteria exists allowing the community to objectively determine the extent of a projects decentralized state?
@XRPExplainer@GetOffZero_@quiestce69@sophiamzaller@Sparkticus1 At least electric and steam motors have criteria that clearly define them to be such. Blockchain has no criteria for defining it's decentralized state, be it POW or POS. Sorry you can't make sense of it.