Has Bitcoin Become Centralised?

Has Bitcoin Become Centralised?
фото показано с : cryptodaily.co.uk

2018-6-13 13:00

Decentralisation is one of the promises of cryptocurrency that makes it shine. Decentralisation is the premise through which Bitcoin was established and through which the majority of cryptocurrencies exist within.

Decentralisation means that overall, nobody owns overall control of the asset.

Yet, when you look at the statistics, many cryptocurrencies are owned in majority by few entities, Bitcoin is no exception to this. A new report out today by Finance Magnates actually highlights that overall, less than 1% of Bitcoin investors actually have the capacity to control over 35% of the network, therefore you could argue that Bitcoin really isn’t so decentralised after all.

Continue reading Has Bitcoin Become Centralised? at Crypto Daily™.

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