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Centralization is a human nature. Internet is already decentralized but we still tend to congregate in common space. Even with web3, organizations like polkadot
by gandutraveler 5y ago
Centralization is a human nature. Internet is already decentralized but we still tend to congregate in common space. Even with web3, organizations like polkadot are creating a centralized space around them. So I doubt we will ever achieve true decentralization there will always be a hierarchy and a central body that will have more control over it.
- hwhelan210 5y agoI don't think what we're running into here is "human nature" so much as it is investor nature. I'm not particularly familiar with them, but Polkadot has raised $300M. There has to be some return for that investment (i.e. they need to be able to lock users into their ecosystem and prove to investors that a competitor can't come along and provide an equally valuable service without starting from scratch). How can a truly decentralized service / protocol compete with the companies that are getting that kind of investment?