With fast-growing interest in crypto and the speed at which new protocols are coming out, the conversation around what constitutes ‘centralization’ vs. ‘decentralization’ is, as expected, getting louder.

The simplicity and lack of nuance with which we talk about centralization & decentralization has always made me uneasy. In both the crypto world and in the real world, we talk about centralization and decentralization as if they’re two distinct, mutually exclusive states.

“That system isn’t actually decentralized.”
“It will be ages before protocols reach true decentralization.”

We hear statements like these all the time — and, in the crypto community, centralization…

Annika Lewis

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