2018년 8월 24일 금요일

Limits of Decentralization

If your name is associated with something, that knowledge is a potential central point of failure for that "thing."

As long as the identities of people involved in "decentralized" projects are public knowledge, that is an unavoidable reality.

That isn't necesaairly a criticism as much as it's a reality and tradeoff. I mean, if you were on the Peepeth team, for example, and some user posted kiddy pron[sic], you wouldn't be able to simply use 'blockchain' as an excuse not to do anything. Just as they do now (since the team is identifiable) they allow for admins to delete such content. And no one can be mad at them for doing that; but that means they can only describe their product as 'censorship resistant' and not 'uncensorable'.

That leads me to believe that the most powerful applications will be developed and released into the wild by anonymous devs. In that situation, any "value" will then accrue exclusively to end users (that may or may not include the original devs, and if it does, no one will be able to distinguish them from other users) so as to limit the liability issues that any dApp dev team faces.

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