The crypto ‘Spider Web’ thesis – Hacker Noon
I'm glad that somebod is actually talking about his. "Decentralization" has practically become a buzzword that is pursued for the sake of perusing.For an example. one of the major complains against DPoS or even just masternodes is that it is centralized. But look at the top performers in terms of technical achievements. What we really need is better systems; not fulfillment of arbitrary checklists.
The problem with decentralization in crypto is that it has become the be all and end all. The mere word ‘centralized’ or suggesting that a central entity has any control on any aspect of a company’s operations is immediately viewed negatively.
It’s time to call the bluff.
There are two main problems with the current decentralization mania. First,there is no such thing as 100% decentralized. Arguably even the most decentralized projects in crypto have aspects that are quite centralized, whether through governance or mining pools that are highly concentrated in one geographic location and could trigger a 51% attack in case of collusion.
Second, even if 100% decentralization was a real possibility, not everything in crypto should be decentralized.
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One concept of decentralization is to save time, energy and costs, no middlemen whom you have to pay for the goods you buy... or bank fees are avoided because you can do a peer to peer transaction with anyone. It´s anonymous and therefore a beneficial system for everyone... When crypto becomes centralized, problems will arise and it will get complicated...just saying.
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