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Centralization Proves to be a Security Flaw for Cryptocurrencies

Posted: Sun Jun 19, 2016 9:45 am
by kreslik.news

This article was written by Richard Gardner, founder and CEO of Modulus Global.

Over the past few decades, technology has served as the great decentralizer. Youtube, Facebook, Twitter all offering an alternative to the once hyper-concentrated power of ‘big media’. It wasn’t so long ago that news was defined by what appeared in your local newspaper or on the 5:00 broadcast. Now, information is ubiquitous through social media and instant aggregators like Google.

Recently, I wrote about Arizona’s change in state law, which ensured short-term rentals, like those stemming from decentralized Airbnb, the ability to compete without extensive local ... (read more)