As cryptocurrency adoption grows, which model will become the norm: centralized or decentralized?

3.3k viewscircle icon3 Upvotescircle icon15 Comments
Sort by:
Director of IT in Software3 years ago

If it is centralized, why would it be even compared to the other. The fair comparison would be to fiat.

Chief Director of Technology in Media3 years ago

This would be very dependent on the local regulations at the region/country level, but moreover it may go in the direction of Centralization. 

VP of IT in Healthcare and Biotech3 years ago

As. companiss get near-total control over distribution rights to hashing power for a cryptocurrency, the process of mining will becomes more centralized, thought it may take 5-10 years. 

CTO in Healthcare and Biotech3 years ago

Both have a purpose and will exist in parallel, though centralized will continue to grow and be adopted.

Director of Information Technology in Education3 years ago

Decentralization is the better model, but lacks the control which governments and corporations desire. The end users will have to continue to be the driving force behind the decentralized model or we will end up with most likely centralized currencies.

Content you might like

Product design teams15%

Engineering/Development teams67%

Product management teams9%

Business development teams6%

View Results

I've never heard of it.15%

I've heard of it but don't know what it's about.55%

I have a vague understanding.18%

I have in-depth understanding of Web3.10%

View Results