Decentralization is about authority models in networks. The challenge with protocols is that they often bake authority models into the technical design, and that creates a set of systemic effects which are hard to fix at scale.
I don’t think we should talk about decentralization as there being no authority. We should talk about it as a programmable authority layer.
Decentralization is about authority models in networks. The challenge with protocols is that they often bake authority models into the technical design, and that creates a set of systemic effects which are hard to fix at scale.
I don’t think we should talk about decentralization as there being no authority. We should talk about it as a programmable authority layer.