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Bitcoin Network Growth is Finally Slowing (alexsmith.io)
1 point by aosmith on Feb 5, 2014 | hide | past | favorite | 1 comment



A small number of individuals amassing enough hashing power is a bad thing. Crypto currencies are, at their core, about decentralization and trust. Even power split between a few entities can represent a threat to the system. Thankfully the system has other means by which it deals with this: alt currencies.

This is just the beginning. Nothing is slowing - it's just changing form. It would be interesting to overlay the amount of Bitcoin being bought with alt coins.




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