Author: Mike Hearn 2015-06-15 10:50:47
Published on: 2015-06-15T10:50:47+00:00
The conversation revolves around the benefits and drawbacks of using centralized services versus decentralized approaches. The speaker argues that using a centralized service is easier but disregards the long-term effects and introduces systemic risk. However, others may prioritize incremental benefits of decentralization versus adding additional features. The speaker acknowledges that decentralization adds something, such as the ability to switch off all servers and still have the app work, and the flexibility to evolve with the underlying protocol. Despite this, some developers may not see the value in decentralization and prefer third-party services that provide what they need to build great apps, even if it fails to meet cryptographic ideals. The conversation concludes with a reference to the ongoing block size debates in the Bitcoin community.
Updated on: 2023-06-09T23:07:15.941488+00:00