Cryptocurrency is obviously a balancing act between anonymity and security, and continues to be a fight
between decentralization and the original premise of such.
The trade - off strikes «more of a middle ground,» as Camp puts it,
between decentralization (like Bitcoin) and centralization (Visa).
Not exact matches
The platform facilitates the
decentralization of all financial relationships
between counterparties, opening up a seamless channel for the exchange of values without third - party mediation.
«It can be foreseen that there will be a new area
between the two poles of centralization and
decentralization in the future,» he added, according to a rough translation.
Takeaways include features of the Berkshire System from the shareholders» viewpoint: (1) Berkshire is unusually congenial to taxable shareholders, enhancing compounding rates considerably; (2) Berkshire's internal cultural features such as autonomy,
decentralization, and permanence help attract sellers of high - quality companies to selll to Berkshire at reasonable prices with managers who stay on and become substantial shareholders; and (3) There is a close symbiotic connection
between features (1) and (2) that reinforces Berkshire's high compounding rate and long time horizon.
Takeaways include features of the Berkshire System from the shareholders» viewpoint: (1) Berkshire is unusually congenial to taxable shareholders, enhancing compounding rates considerably; (2) Berkshire's internal cultural features such as autonomy,
decentralization, and permanence help attract sellers of high - quality companies to sell to Berkshire at reasonable prices with managers who stay on and become substantial shareholders; and (3) There is a close symbiotic connection
between features (1) and (2) that reinforces Berkshire's high compounding rate and long time horizon.
Talking about
decentralization of Litecoin, Charlie Lee posted a message that made a pretty neat comparison
between private nodes and watches.
«We anticipate in the future there will be a new area
between the two polars of centralization and
decentralization.
They have oscillated in practice
between radical centralization and tolerance of relative
decentralization (in the form of producer Soviets and compulsory co-operatives when these served a political purpose), but they have never put the social principle above the political nor attempted to realize Marx's dictum that the new society will be gestated in the womb of the old.
They are the inevitable result of the tussle
between an over-centralized state and
decentralization demands from its provinces.
A
decentralization of the gene pool had begun, and the distances
between groups acted as barriers to the exchange of DNA, barriers that have persisted into the modern day.
Other reform tactics included reducing the size differences
between secondary schools (secondary schools used to be the largest across OECD countries but are now the smallest),
decentralization, increased school autonomy, professional development, and the introduction of national exams.
[4][5] Set up within the political context of
decentralization, the FRACs were created on the principle that financing would be shared
between the state and the regional councils.
In this statement Mrs. Anna Tibaijuka Under - Secretary - General of the United Nations and Executive Director of UN-HABITAT, talks about the cooperation
between UCLG (United Cities and Local Governments) and UNHABITAT on
decentralization policies and the linkages
between climate change and urbanization.
But, there's a fundamental tension
between scale and
decentralization.
Each point of the triangle represents one of the three properties that blockchains need — scale, the ability to support many users;
decentralization, a state of affairs in which no one entity controls the system; and consensus, the agreement
between each node on the validity of transactions.
The goal will be to bring investment, globalization and
decentralization by narrowing the gap
between fiat and crypto universes.
In essence, the block - size dispute represents a trade - off
between throughput and
decentralization — with a touch of economics involved.
«Blockchains are unique in that the specific kind of
decentralization that they provide is one of a different character - one that is not distributed, in the sense of «split up
between different parties», but replicated: every single node on the network processes every transaction and maintains the entire state,» he writes.
But a recent peer - reviewed study, entitled «
Decentralization in Bitcoin and Ethereum,» studying some of the largest networks
between 2015 - 2017, found the opposite has become true.