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organicAnt  ·  3706 days ago  ·  link  ·    ·  parent  ·  post: Julian Assange: Bitcoin and the control of history

I don't like that mining has become more centralized, but it's understanding since the reward for mining is so big that has incentivated rich people have invest in it. The advantage is that it means the network has more hashing power as result which means it's hard to subvert. Despite this, the blockchain is still preferable to the regular banking system in my view.

I never heard of GIT as an alternative to keep an un-hackable decentralized ledger of records over time. I'd love to learn how it works in comparison to bitcoin if you could explain. The link as gibberish to me.