3 ms·
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.
by 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.