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Vitalik Buterin on different axes of centralization: https://medium.com/@VitalikButerin/the-meaning-of-decentralization-a0c92b76a274 https://medium.com/@Vitali
by CryptoPunk 5y ago
Vitalik Buterin on different axes of centralization:
https://medium.com/@VitalikButerin/the-meaning-of-decentralization-a0c92b76a274 https://medium.com/@VitalikButerin/the-meaning-of-decentrali...
>>Ethereum is only decentralized in the way that doesn't matter — you're free to join the decentralized system, under the condition that you act in the exact same way as every other actor in that system.
This is centralization of logic, that establishes uniformity of the protocol, but it is a decentralized configuration of power, where every party is subject to the same rules for accessing the blockchain.
Fees are a limiting factor, but all data is treated the same with respect to fee calculation, irrespective of who submits it for inclusion in the blockchain.