Blockchain Tokens and the dawn of the Decentralized Business Model
Fred Ehrsam

Well I agree only to a certain point. The so-called decentralized network aren’t so much so. We can see that in PoW protocoles large miners union or mining pools have a lot more power than what we thought at first. PoS raises the same questions and even an hybrid system isn’t protected from that kind of centralization. It’s a great incentive for people to invest in the currency of course but after awhile centralization comes, economies of scale appear and there’s a great barrier for new comers to join the mining market. I have yet to see cryptocurrency that is really decentralized.

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