Some Thoughts About The Importance Of Decentralization

I published a piece on the relevance of decentralization and would love anyone to challenge my thinking. I'm doing some thinking and hoping to spark some conversations beyond the short term narratives and hype.

In general, I think my thesis is that decentralization is something that is very hard to regain once lost. We obviously see this in political systems. I think, in 20 years, it will be much more relevant which chain maintained censorship-resistance and decentralization than which scaled the fastest. I think the first misses the whole point of decentralized technologies and tries to apply a product mindset, which I'm not sure is so applicable.

"Scaling feels to be more of a technical issue which feels solvable with time while decentralization is more of a philosophical issue which tends not to be “solved” but protected."

Obviously, there's a lot more to discuss – such as "what is decentralization?" I explore some of these points in the article, but will need to publish additional pieces to really get at it.

Would love your thoughts!

https://open.substack.com/pub/theblockprint/p/crypto-decentralization-cannot-be?r=1b8e3&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true