Why Ethereum-Style Blockchains Do Not Really Decentralize

Application enabled Blockchains centralize technology

Way to go

“A decentralized “Bitcoin-style” platform is interesting when and only when you want to do transactions with another actor in the network.”

Application enabled Blockchains centralize data and logic

A decentralized vision

“Wouldn’t it be natural for a decentralized paradigm to allow as many different technology and governance approaches as possible?”

Data format problem

Generalizing Bitcoin the other way



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