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The word ‘decentralized’ has lost all meaning — Enough is enough

Published 11/22/2020, 09:12 AM
Updated 11/23/2020, 11:40 AM
The word ‘decentralized’ has lost all meaning — Enough is enough

Decentralization: It’s a word that holds so much power and promise. But over the years, it’s become painfully clear that this concept isn’t being given the respect it deserves — and the consequences can be downright dangerous.

We live in a world where DAOs aren’t DAOs, where independent validators aren’t independent, and where PR departments breezily gloss over the fact that some blockchain projects are far more centralized than they may seem.

Sharif Sakr is a former BBC and Engadget journalist who now works as a product management specialist for blockchain investment fund BR Capital, as well as teaching product management workshops at the University of Oxford. He is an initial launch member of the Free TON Community.

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