Is decentralization overhyped? Yes. It is more due to people just scratching the surface of a problem. For example governance is not only about a democratic pro

Is decentralization overhyped? Yes. It is more due to people just scratching the surface of a problem. For example governance is not only about a democratic process - everyone having a say. It is also about public perception. If you need an example, a rather obtuse one is the current US Presidency race. People who hype decentralization go by the book and forget (or don't have) practical knowledge. On the federation side, ethereum's oracle contracts are meant to be federated feeds. For example you can create a stock price publishing contract which federates feeds from NASDAQ, BATS, NYSE etc. but the end point is a blockchain. I don't know if that is a good idea.