RE: Note: Steemit Transaction Numbers are Misleading, It's Not About to Pass Bitcoin in a Meaningful Way by kyletorpey

There are tradeoffs with scalability. Systems scale more easily when they're more centralized. We'll see if those tradeoffs are worth it for Steem as more people take a closer look at this project. I imagine not much decentralization is needed for this project to work, so more centralization is probably fine.

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@eeks · Jul 24 '16

$0.67

Do systems scale more easily when they are centralized?  Is that consistent with economic history?  Which scaled better, communism or market economies?  What is a system in this case?  The tech?  The economy?

More broadly, what do you see  as the point of decentralization, why does it matter?

👍 eeks

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