> decentralization exists when a small enough community can be self-policing and actors have noble goals. Well, the idea is to build decentralized systems that

> decentralization exists when a small enough community can be self-policing and actors have noble goals. Well, the idea is to build decentralized systems that are self-policing in an automated fashion, such as with smart contracts. The thought is that previous efforts failed because the bookkeeping involved in decentralization is prohibitive without such automation. Admittedly, a lot of work remains to prove this can work in practice.