To be decentralized means to not be controlled by a single entity; to be distributed means to be spread out, Patrick Thompson writes.
Prock also believes that not everything can be decentralized and that there needs to be regulated entities in the industry.
McCarthy points out that there are major concerns over the platform’s lack of decentralization, which could lead to regulatory violations and an almost monopolistic mindset.
Mark Zuckerberg, founder of Facebook, believes that decentralization is the future and wants to see it in Facebook. But first, he wants to answer open questions so it can be done the right way.
It’s unclear whether the commissioners have already taken a vote, but when the SEC enforcement action does come out, Kik is ready to fight back in court if necessary—for all the good it will do them.
It seems the missing piece in fully blockchainizing and decentralizing food supply is the same hindrance for decentralizing most industries: quality control.
David Schwartz, chief technology officer at Ripple Labs, has published a paper claiming XRP cryptocurrency is actually more decentralized than Ethereum and BTC, in the latest attempt to persuade the skeptics.
Social media is evolving, shifting from a parasitic business model where third parties sell data that isn’t even theirs, to one where users have more choices—and more control.