We give an explicit definition of decentralization and show you that decentralization is almost impossible for the current stage  . We propose a new framework of noncentralized cryptocurrency system with an assumption of the existence of a weak adversary for a bank alliance. It abandons the mining process and blockchain, and removes history transactions from data synchronization. We propose a consensus algorithm named "Converged Consensus " for a noncentralized cryptocurrency system.
We give an explicit definition of decentralization and show you that decentralization is almost impossible for the current stage and Bitcoin is the first truly noncentralized currency in the currency history . We propose a new framework of noncentralized cryptocurrency system with an assumption of the existence of a weak adversary for a bank alliance. It abandons the mining process and blockchain, and removes history transactions from data synchronization. We propose a consensus algorithm named Converged Consensus for a noncentralized cryptocurrency system.
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and Bitcoin is the first truly noncentralized currency in the currency history
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"Converged Consensus "
Converged Consensus