Bitcoin Is Not Decentralized
There is this idea that blockchains are completely decentralized and maybe this was the intention of blockchain developers in the beginning, but this is surely not the case most of the time. Let’s take a look at the typical growth of the Bitcoin blockchain to understand how most if not all crypto currencies are centralized to some extent some more than others. This does not mean that centralization in cryptocurrency is a bad thing. However, the idea that Bitcoin is … Read more