Milly Bitcoin [ARCHIVE] on Nostr: 📅 Original date posted:2015-06-30 📝 Original message:>"Decentralization" is a ...

📅 Original date posted:2015-06-30
📝 Original message:>"Decentralization" is a popular buzzword these days, but how about
stating the problem description in a way that is more precise and
accurate? One of Bitcoin's differentiating properties is that it
prevents double spending without using a trusted third party.

I have been researching how it can be defined and measured (at least up
to a certain point). Here is a paper on measuring decentralization of
government functions:
http://www.sscnet.ucla.edu/polisci/faculty/treisman/Papers/defin.pdf.
Not exactly the same thing as being discussed here but the paper gives a
framework of how decentralization metrics could be defined in a somewhat
standard way.

Russ