Quick question. Crypto was designed to be a trustless system,

Question

Quick question. Crypto was designed to be a trustless system,

right? So no one had to trust another human, you just trust the code. That was my interpretation of the BItty white paper.

So I’ve been wrapping my head around how HEX is a trustless system when one person has access over 80% of the supply, and, as far as has ever been stated publicly, no one knows who that one person is.

To me, the system works, it’s proven, and yet, every HEX holder has to trust in that address with over 80% of the supply not to ever sell.

Am I missing something, because to me, that’s not a trustless system.

#cryptocurrency #english #hex-crypto

0

11.05.2024

5 ответов

50 просмотров

Jeff Will NeVer DM First. Beware of Imposters Verify

Then neither is any other crypto. One or few entities own the vast majority of every single crypto. The difference is most of them dump on your head. The OA has never sold and is benevolent at least has been till now

0

7 месяцев назад

clay Автор вопроса

Jeff Will NeVer DM First. Beware of Imposters Verify
Then neither is any other crypto. One or few entit...

That’s my point exactly, appreciated mate. Even when people claim things to be a trust-less system they aren’t, because whenever something has centralized ownership, purely through share percentage, the trust I Has to be that the majority owner has the needs of everyone else in mind. The second they don’t, the trust-less system no longer works.

0

7 месяцев назад

Nenad [I won't dm you]

clay
That’s my point exactly, appreciated mate. Even w...

Trustless in computer sciences refers to execution of code.

0

7 месяцев назад

Geb JAG (4th law agi robit monkey lover) Glass

Nenad [I won't dm you]
Trustless in computer sciences refers to execution...

Even on the outer planets 🪐 controlled by the hutt’s

0

7 месяцев назад

Combot · Accepted Answer

https://imgur.com/a/I361fM3 PLS is the native coin of the Pulsechain Network and therefor doesn't have a contract address (same as ETH doesn't have one). DEX Website https://app.pulsex.com The PLSX contract. Decimal: 18 0x95b303987a60c71504d99aa1b13b4da07b0790ab The INC contract. Decimal: 18 0x2fa878Ab3F87CC1C9737Fc071108F904c0B0C95d The HEX contract. Decimal: 8 0x2b591e99afE9f32eAA6214f7B7629768c40Eeb39 Alternatively click the "Fox" icon On PulseX next to a token to add it to metamask automatically.

209 похожих чатов

Quick question. Crypto was designed to be a trustless system,

5 ответов

Похожие вопросы