Jan 22. 2015 for BitcoinMagazine.com
Those within the industry understand that one of Bitcoin’s most important features—and perhaps its true core innovation—is its decentralized structure.
Bitcoin has no central control: no central repository of information, no central management, and, crucially, no central point of failure. And yet, most of the actual services and businesses built within the Bitcoin ecosystem are centralized. They are run by specific people, in specific locations, with specific computer systems, and they […]