What the is Charles Hoskinson talking about?

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Okay, I have no fracking idea. If I am totally out to lunch with this post someone please let me know.

We all know how important decentralization is for Blockchains, web 3.0, so on and so forth.

We know Hive and Bitcoin are the only two truly decentralized chains.

Hive being the best one. So much in the works including DEX'S.

I read this article today: Cardano founder warns decentralized ID war ‘is going to be a big one’.

To quote.

"Decentralization index
In general, Hoskinson, who also doubles up as the Ethereum (ETH) founder, stressed that the war’s winner should be decentralized to safeguard the crypto sector’s principles. Hoskinson’s sentiment comes after the Cardano parent company Input Output (IOHK) unveiled the world’s first decentralized index. "

Really? They got the first DEX? And I have to wonder how decentralized it is.

"the Edinburgh Decentralization Index tool seeks to establish a transparent mechanism for rating the decentralization level of public blockchain platforms. "

Rating the decentralization level. What the fuck does that even mean? 😳 I would think it is one thing in life that is black and white. It is either decentralized or it is controlled.

"He maintains that decentralized projects should be based on resilience, control, and reliability"

I get resilience, I get reliability. HIVE is there. What's up with the world control?

Does that go against the word decentralized. 🤔

I did not know he was the co-founder of Ethereum. And we know how that is now being controlled by the few large stakes.

To be honest I have no idea how ADA works or even what the Blockchain is used for.

So my question is....

Who is out to lunch here? Me or him?

And I still feel Alive and Thriving 😉

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Bradley

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Cardono is not decentralized. I don't really think many of them are really decentralized outside of BTC and Hive. There might be a few more but the centralization for things is fairly large.

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