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Standards and decentralization are orthogonal to each other. Standards are good for interoperability. Decentralization, depending on the flavor, either focuses
by dale_glass 5y ago
Standards and decentralization are orthogonal to each other.
Standards are good for interoperability. Decentralization, depending on the flavor, either focuses on distributed hosting ensuring the system not needing to be run by some huge international company, or on not having a center of authority that mandates some particular standard or agenda.
Many fail in the later aim. Bitcoin is supposedly decentralized but in practice controlled by a very small group, for instance.
- t_mann 5y agothe smart contract space is doing pretty well in terms of standards. the "tokens" and "NFTs" you hear about in the media are implementations of specific standards.