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    Author Topic: Is Bitcoin that really decentralized, as you believe?  (Read 20031 times)
    throughput (OP)
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    July 23, 2010, 12:20:16 PM
     #1

    Everyone here believes, that Bitcoin system is fully decentralised and is not
    affected by any authority.

    Almost everyone at this forum understand, that bitcoin nodes work by some rules and
    the nodes, that do not obey that rules are simply ignored.

    Well. Then I have a question.

    We have a single authority, that provided that rules, right?
    The same authority is in the posession of the majority of the nodes, as far, as they update to new versions of the software.
    Right?

    So, we have a single center, that not only presented us The Idea, The Rules, The Standard, The Protocols, The Software - in the past,
    but can and will inevitable change the rules, the standarts, the protocols and the software.
    Well, software may be reimplemented by the third parties, that is a not a problem.

    But the rules? The nodes, that do not obey The Rules are ignored, remember?
    One single center have the freedom to manipulate the rules.

    Who is the center? Is it a person, or just an account on a hosting? I think, that accessing an account will be enough to manipulate the system.
    So, the system is as secure/vulnerable, as the hosting account used to distribute the software, or what?
    Your money is as secure as some hosting? OMG...
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