gone on CEXs, but that's about it. Plenty of ways to get the value to other chains and then back to CEXs. But of course just leaving out CEXs out of the equation would be the best way of handling this
Centralized exchanges aren't that useful for HBD anyway. The most useful exchanges are the internal and the pools. They could ban HIVE on centralized exchanges, but banning HBD wouldn't matter.
If witnesses shut off, new witnesses would get voted in. There would have to be no one in the entire world caring about HIVE or willing to run witnesses to "run out" of witnesses.
You're kind of arguing that nobody at all would want to be a witness, which I find very doubtful. No doubt some current witnesses would drop out even if not directly targeted.
Considering the possibility that we could end up with more anon/random witnesses, we ought to be taking a look at some of the security assumptions currently being made that depend on witnesses getting voted in on reputation and not wanting to misbehave because they could get voted out. That would be weaker if witnesses are anon, but maybe not entirely gone as long as witness rewards are high enough.
Sorry I wanted to say that if the USA can stop any currency on this platform, then crypto is not 100% decentralized, though I am not wishing this to ever happen in the case of HIVE anyway. But all these latest development gives much concern.
gone on CEXs, but that's about it. Plenty of ways to get the value to other chains and then back to CEXs. But of course just leaving out CEXs out of the equation would be the best way of handling this
Yes and can flip HBD to another coin to pass through CEX.
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Centralized exchanges aren't that useful for HBD anyway. The most useful exchanges are the internal and the pools. They could ban HIVE on centralized exchanges, but banning HBD wouldn't matter.
baning hive is in some way the same :)
So it means crypto is 100% decentralized then.
no, it has centralized points of failure.
IF witnesses for example on hive would fear jail in US, most of them would turn off service.
And that’s why it is important that they are spread all over the world
I think this is a good point and seems more witnesses from many countries should be welcome to the chain. Maybe this might help.
If witnesses shut off, new witnesses would get voted in. There would have to be no one in the entire world caring about HIVE or willing to run witnesses to "run out" of witnesses.
sure that's theory.
But think about some really sensitive shit comes to hive. For everyone readable.
Maybe something politicians hate and they see it is impossible to censor because of XYZ frontends.
So the witnesses would be IMO the easiest target to hit.
Will it be successful? Most likely not.
You're kind of arguing that nobody at all would want to be a witness, which I find very doubtful. No doubt some current witnesses would drop out even if not directly targeted.
Considering the possibility that we could end up with more anon/random witnesses, we ought to be taking a look at some of the security assumptions currently being made that depend on witnesses getting voted in on reputation and not wanting to misbehave because they could get voted out. That would be weaker if witnesses are anon, but maybe not entirely gone as long as witness rewards are high enough.
It is likely that most of them do not have their servers running in the US. If that is the case, hard for the US to take jurisdiction.
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risk/reward. If someone dox a witness and those fears Sanctions around the world ( swift for example) it could be big pain.
What is needed is anon funds + anon witness server ( semi anon).
Like the election goes to multi-hand ( like proxy) or hides some % of votes.
Not important today. But maybe in the next years to be a real uncensorable web3 foundation.
And it could only work with "possible" anonymity. Even if not used.
Sorry I wanted to say that if the USA can stop any currency on this platform, then crypto is not 100% decentralized, though I am not wishing this to ever happen in the case of HIVE anyway. But all these latest development gives much concern.