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Why decentralization is better?

by SB Crypto Guru News
June 30, 2024
in Ethereum
Reading Time: 2 mins read
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Why decentralization is better?

I've been grappling with a question for many years: to what extent can we say decentralization is better to human society than centralization?

It seems there is still no answer satisfactory enough to persuade me, and recently I’ve got my own answers.

Shortly speaking, there are three aspects of decentralization which needed to be taken into consideration at the same time — economics, politics, and culture. Decentralization may happen in any of these three aspects, but the economic and political decentralization can only sustain when the culture is decentralized, and this culture should be based on a certain kind of shared consensus. Without such a culture, we will fall into a totalitarian society very easily.

Cultural analysis is nearly absent in Web3 society, but it's surely necessary. To explain the argument mentioned above more specifically, I’m now serializing a work titled "The Prehistory of Web3". This series begin with a comparison of the Centralized China and the Decentralized West, and then will discuss the mechanism to promote or hinder a society toward a well-balanced form of decentralization.

I wonder whether you think it’s valuable to do this, to offer a comprehensive historical background for Web3 society. If your answer is Yes, please upvote this thread. Let more people see it and give more feedback may help to make a better theory, which would benefit us all if we together seek for a better web3 society.

Here is the link of the first section of the whole series:

https://paragraph.xyz/@prehistoryofweb3/the-prehistory-of-web3-%E2%91%A0-why-decentralization-is-better

Hope you will enjoy it!

And looking forward to your reply:)

https://preview.redd.it/xh3rwgbtbp9d1.png?width=328&format=png&auto=webp&s=fedc74af94e62d79213b420cc4026140088dd93f

submitted by /u/webthreedevotee
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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesdecentralizationLatest News on CryptoSB Crypto Guru News
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