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Message
re: People buying these Crypto Currencies
Posted on 6/17/22 at 10:22 am to Suntiger
Posted on 6/17/22 at 10:22 am to Suntiger
quote:
I was saying that if it is centralized somewhere, is that verifiable?
A centralized ledger is only verifiable if you trust the holding party not to modify the ledger to their advantage. The point of decentralization is to have tons of people look at the ledger and say, "yup, checks out. We good."
quote:
Isn’t that centralization via Etherscan?
Etherscan is just a website that reads the Ethereum blockchain. There are many services, private and public, that do this, be it for bitcoin, ethereum, cardona, etc. I only used it as an example as to how a normal person like you and me can read the blockchain and see what went where.
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