{"id":274,"date":"2020-07-17T10:33:42","date_gmt":"2020-07-17T10:33:42","guid":{"rendered":"https:\/\/kopipool.com\/?p=274"},"modified":"2020-07-17T10:55:59","modified_gmt":"2020-07-17T10:55:59","slug":"decentralized","status":"publish","type":"post","link":"https:\/\/kopipool.com\/zh\/decentralized\/","title":{"rendered":"Tony and Jimmy Saga"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"274\" class=\"elementor elementor-274\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b6ae7a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b6ae7a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a597a3b\" data-id=\"a597a3b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-08bf708 elementor-widget elementor-widget-video\" data-id=\"08bf708\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=0QtQGzqAIiU&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3be215e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3be215e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-73234aa\" data-id=\"73234aa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b0025b elementor-widget elementor-widget-heading\" data-id=\"2b0025b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Decentralization: BTC vs ADA<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9d6d730 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9d6d730\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cddb6ec\" data-id=\"cddb6ec\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a4d8da3 elementor-widget elementor-widget-text-editor\" data-id=\"a4d8da3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This is an important whiteboard video from Charles that illustrates the path to decentralization (or oops&#8230; federation) for both BTC and ADA.<\/p>\n<p>To summarize a 40mins video into a few lines, three factors point in favor of ADA vs BTC:<\/p>\n<ul>\n<li>Decentralization does not depend on patented technology (no need for ASICs)<\/li>\n<li>Decentralization does not depend on power costs or geography (consume little power)<\/li>\n<li>Decentralization does not depend on wealth (as long as you can afford some ADA)<\/li>\n<\/ul>\n<div>It is crucial for Charles to provide a timely response to Tone and Jimmy&#8217;s accusation of Cardano printing free PoS money, for having no security, and for not being decentralized.<\/div>\n<div>&nbsp;<\/div>\n<div>And to be expected, many Cardano (or PoS) fans are rallying and calling Tone and Jimmy stupid, or worse (or much worse).<\/div>\n<div>&nbsp;<\/div>\n<div>However, I think that they merely act in a way that is (1) aligned with their BTC interests, and (2) out of fear of both their individual and their chosen tech&#8217;s (BTC) impending irrelevance.<\/div>\n<div>&nbsp;<\/div>\n<div>Once you understand incentives vs outcomes, it all makes sense.<\/div>\n<div>&nbsp;<\/div>\n<div>&nbsp;<\/div>\n<div>&nbsp;<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-58929fa elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"58929fa\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-95b42d0\" data-id=\"95b42d0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-828184f elementor-widget elementor-widget-image\" data-id=\"828184f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"900\" height=\"506\" src=\"https:\/\/i0.wp.com\/kopipool.com\/wp-content\/uploads\/2020\/07\/Munger-quote-scaled.jpg?fit=900%2C506&amp;ssl=1\" class=\"attachment-large size-large wp-image-278\" alt=\"\" srcset=\"https:\/\/i0.wp.com\/kopipool.com\/wp-content\/uploads\/2020\/07\/Munger-quote-scaled.jpg?w=2560&amp;ssl=1 2560w, https:\/\/i0.wp.com\/kopipool.com\/wp-content\/uploads\/2020\/07\/Munger-quote-scaled.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/kopipool.com\/wp-content\/uploads\/2020\/07\/Munger-quote-scaled.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/kopipool.com\/wp-content\/uploads\/2020\/07\/Munger-quote-scaled.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/kopipool.com\/wp-content\/uploads\/2020\/07\/Munger-quote-scaled.jpg?resize=1536%2C864&amp;ssl=1 1536w, https:\/\/i0.wp.com\/kopipool.com\/wp-content\/uploads\/2020\/07\/Munger-quote-scaled.jpg?resize=2048%2C1152&amp;ssl=1 2048w, https:\/\/i0.wp.com\/kopipool.com\/wp-content\/uploads\/2020\/07\/Munger-quote-scaled.jpg?w=1800&amp;ssl=1 1800w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Decentralization: BTC vs ADA This is an important whiteboard video from Charles that illustrates the path to decentralization (or oops&#8230; federation) for both BTC and ADA. To summarize a 40mins video into a few lines, three factors point in favor of ADA vs BTC: Decentralization does not depend on patented technology (no need for ASICs) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"twitterCardType":"","cardImageID":0,"cardImage":"","cardTitle":"Decentralization: BTC vs ADA","cardDesc":"Three factors explaining how ADA moves toward decentralization, while BTC moves toward federation.","cardImageAlt":"","cardPlayer":"","cardPlayerWidth":0,"cardPlayerHeight":0,"cardPlayerStream":"","cardPlayerCodec":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7,9],"tags":[],"class_list":["post-274","post","type-post","status-publish","format-standard","hentry","category-cardano","category-whiteboard"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/posts\/274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/comments?post=274"}],"version-history":[{"count":5,"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/posts\/274\/revisions"}],"predecessor-version":[{"id":283,"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/posts\/274\/revisions\/283"}],"wp:attachment":[{"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/media?parent=274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/categories?post=274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kopipool.com\/zh\/wp-json\/wp\/v2\/tags?post=274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}