3min chapter

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#006 Sean O’Connor: How Blockchains Make Transactions Costless, and How that Transforms Society

Smart Friends

CHAPTER

Decentralization

Dows start centralized, and then slowly kind of work their way out as things take a life of their own. There are definitely some block chames i am highly sceptical of, and i like, will not touch with a ten foot pole. But there's others that like, oh, ye, they're centralized to day, but they're transparent about how they're centralized. And if i firms are transparent about why they made the decisions they did in their design and what those trade offs were,. Great. If those things are just missing from a white paper or a project overvis like hu, if there ike, finance is a very notable block chain that has a ton

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