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So the true meaning of decentralized is "centralized elsewhere" ?

• dntrkv 6y ago
  How do you mean? The blockchain itself is decentralized. So if all the systems operate on the blockchain, they are decentralized.
  • pyrale 6y ago
    What you're describing is a system centralized around a technology and a few brokers. As network effects kick in, it becomes harder to use alternative systems. The blockchain itself may be decentralized, but there is no guarantee that systems built upon it would be decentralized.