What is Nostr?
twizzay / Twizzay
npub15ut…9vdh
2023-04-24 17:56:39
in reply to nevent1q…qxu0

twizzay on Nostr: I understand the desire to decentralize ownership of stuff. That part is the part ...

I understand the desire to decentralize ownership of stuff. That part is the part that makes the most sense to me. However, I am not convinced that crypto is doing that... In fact, I think crypto is actually faking decentralization.

I would love to be proven wrong.

I'll use bitcoin as an example, since that is what seems to make nostr so popular.

1. 60%-70% of the Bitcoin blockchain is run on computers in China.
2. 1k clusters own 2 million BTC.
3. 10k clusters own 4 million BTC.

This to me sounds like not decentralization.
Author Public Key
npub15ut9ttpj6u2dyr5c2kw5ummxl8csn2x702ersel7x4uegp8rymys3l9vdh