block-size tradeoffs & hypothetical alternatives (Re: Block size increase oppositionists: please clearly define what you need done to increase block size to a static 8MB, and help do it)

Summary:

The concept of "decentralization" is gaining popularity, especially in the context of Bitcoin. This cryptocurrency differentiates itself by preventing double spending without involving a trusted third party. The author of this text has been researching how decentralization can be defined and measured. They share a link to a paper on measuring decentralization of government functions, which provides a framework for defining decentralization metrics in a standard way. While not directly related to Bitcoin, the paper could be useful in understanding how decentralization can be measured.

Updated on: 2023-06-10T01:50:18.708421+00:00