this post was submitted on 18 Aug 2023
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[–] Fisk400@feddit.nu 2 points 1 year ago (1 children)

I hope you are aware that you went from "this can't be broken" to "I trust that people wouldn't break it" to "sometimes they do break it but it's not that often" in a very short comment.

[–] mihor@lemmy.ml -1 points 1 year ago (1 children)

No, the nuance is in the number of people who confirm the change, they must be 50% +1.

[–] Fisk400@feddit.nu 0 points 1 year ago (1 children)

So if 50%+1 of people decide that they don't want to pay artists they can just stop doing that. Sounds iron clad to me.

[–] mihor@lemmy.ml 0 points 1 year ago (2 children)

That's simply the way real decentralization works, I'm afraid.

[–] Excrubulent@slrpnk.net 1 points 1 year ago

No, that's the way the blockchain works. It's one way to do decentralisation, a very bad way based on property and absent of trust.

A much better way to do decentralisation is what you are currently participating in. Federation is based on trust and building communities, not cold maths dictating who owns a bunch of imaginary bullshit.

[–] Fisk400@feddit.nu 0 points 1 year ago

That's what I am fucking saying! You cant design around greedy fucks. Also this whole discussion I participated in the delusion that those 50% were individual people. We both know that they are not because there is nothing to identify individuals so the system is entirely decided by wealth so it isn't even decentralized. It's all just a scam that regularly collapses by design because that is how the rich people extract real money from it.