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The Myth of “Instant Decentralization” in Crypto Networks
Manage episode 515405542 series 3474370
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This story was originally published on HackerNoon at: https://hackernoon.com/the-myth-of-instant-decentralization-in-crypto-networks.
If you read a brand-new network proclaiming full decentralization from day one, you should raise an eyebrow. Let’s explore this myth in crypto.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #decentralization, #decentralized-internet, #distributed-systems, #on-chain-governance, #crypto-myths, #crypto-marketing, #obyte, #hackernoon-top-story, and more.
This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com.
The word “decentralization” is used as a badge of honor in the crypto world. But there’s no such thing as instant decentralization. Decentralizing a network is more like building a city.
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