This criticism of the Ethereum ecosystem also does an excellent job of identifying the forces that undermine decentralization in the long run: https://moxie.or

This criticism of the Ethereum ecosystem also does an excellent job of identifying the forces that undermine decentralization in the long run: https://moxie.org/2022/01/07/web3-first-impressions.html https://moxie.org/2022/01/07/web3-first-impressions.html One reason the blockchain has persisted longer than other decentralized systems is that it introduced economic incentives for maintaining its system. I think this is the best strategy for making decentralized systems that resist the tendency toward centralization while remaining competitive with centralized ones.