Network hops cost time regardless of payload size. Distributed consensus (which is what is required for a “decentralized” system) requires interaction between d

Network hops cost time regardless of payload size. Distributed consensus (which is what is required for a “decentralized” system) requires interaction between distinct nodes. You should note most consensus algorithm designs start with sharing a single ‘register’ (or ‘value’). Most banks were doing “decentralized” relaxed consensus from the beginning of “banking”. Local office accepts your deposit of your check. “Funds available next day”. Because by “next day” they have confirmation from counter party for the funds.