Bitcoin: On Behalf Of The Future.

The Internet is experiencing a decentralized rapid movement triggered by the Internet community to prevent uncontrolled control and power of large commercial entities from operating online. One of the advantages of one of the decentralization campaigns is Bitcoin (Bitcoin Cash ABC website), a cryptocurrency that manages software by running on an equal basis, from centralized control of interest, taxes, fees and free account gels. While it illustrates some of the legal issues associated with online decentralization, Bitcoin also shows that decentralization campaigns are becoming more powerful online. The purpose of this paper is to define the differences between centralization and decentralization between online peers, using bitcoin to illustrate the impact of online decentralization.

Centralisation and Decentralisation Online

The material world is clearly concentrated. From the government to the police, mobile operators and postal services, our activities in the same field are regulated, controlled and guided. Banks control cash flow, natural gas companies control energy flows, and traffic lights control traffic flows. In many ways, this is positive. This represents progress. People no longer need to survive, take their own food, make their own clothes or build their own shelter. Individuals have developed and prospered by entrusting individual needs to central organizations. Since ancient times, centralization has been at the heart of human efforts, especially in our communications networks. The publication is sent by the postal operator and the telephone call is routed through the centralized communication network (the reader can remember the date all calls were sent to the centralized operator. The car will be driven to the destination.)

The Internet is in its infancy, not a centralized communication network, but an open and decentralized network, primarily developed for the free dissemination of ideas. In his cyberspace independence statement, John Perry Barlow wrote to governments around the world: In the name of the future, I invite you to leave us… you are not welcome. You have no sovereignty in the place where we meet.  Barlow’s vision for 1996 was short-lived, but with the development of the Internet, centralization began to fall into the vision of a once-Utopia decentralized communication network.

In 2015, the modern Internet was almost impossible to represent the autonomous independence of Barlow’s imagination. It depends to a large extent on centralized institutions such as Google, Facebook and Amazon, to the same extent as the physical world, and we rely on factors to deliver our mail. Online life without these central centers seems impossible. In fact, in 2012, Google experienced several hours of downtime, resulting in a global network traffic drop of about 40%, showing the importance of the website to the network. carried out. the Internet.

However, there are decentralized systems on the Internet, especially those that are peer-to-peer systems (network systems, from one computer to another, rather than through centralized organization), such as client-side file exchange BitTorrent and Bitcoin (Bitcoin Cash ABC website). And dog currency. Peer-to-peer systems work by sharing processing tasks that are typically reserved for the central authority among all users of the system. As a result, the system can operate without centralized control.

Of course, this has the inevitable result of its advantages and disadvantages. One of the advantages is that network failures have little impact on the world. If a pair is disconnected, the remaining peers can delegate the processing tasks of the lost pair between them, which has little or no effect on the overall processing tasks of any other pair, depending on the partners in the number system. However, peer-to-peer systems make execution (essentially a form of centralized control) very difficult. In the real world, law enforcement agencies can focus on institutions that start illegal activities to stop activities. Take the illicit drug supply as an example; if the police stop drug users, they will not be able to stop supplying because they only stop the end users in the supply chain. But if you stop the manufacturer.

Farmers, the supply of medicines will come to an end. In fact, in a concentrated world, the supply chain acts as a pyramid, a pharmaceutical manufacturer that sells to several suppliers, a network of distributors, each with several customers. An equal world, the network as a network, and every manufacturer is also a consumer. Therefore, law enforcement agencies must effectively control each user to control each manufacturer. In the Internet Wizard, each end user is also a manufacturer, just as an ancestor is his own producer of food and shelter, and his end users. As a result, many peer-to-peer networks have been able to effectively function as centers of illegal activity, such as exchanging copyrighted movies and music files. In a distributed point-to-point model, the application is almost impossible. This poses significant difficulties for centralized institutions, not only because of their effectiveness, but sometimes because of their legitimacy.