• Pennomi@lemmy.world
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    11 months ago

    Because it’s a trustless system. In order to override the system you have to take over 50% of the nodes, and in large enough systems it’s infeasible to get that much compute power. This means that no one person or organization can actually control the destiny of the system, only the consensus can.

    I can’t believe that here, in the fediverse of all places, we need to have a discussion about the benefits of having a system that corporations can’t control.

    • Johanno@feddit.de
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      11 months ago

      Ok explain to me the advantages of a decentralized traffic light system that controls public traffic on public streets?

      What advantages does a blockchain traffic light system have over a centralized server controlled by those who are responsible for maintaining the physical hardware?