1) Since most decentralized protocols start off centralized, is there a realistic chance that protocols themselves will naturally move towards increasing decentralization? For eg seed investors might not be happy with founders changing rules in favour of decentralization since it means they have less influence.
2) Is meaningful transparency possible, even with front-end improvements? Reality is that non tech savvy folks do not know how to read the blockchain (e.g. a Bitcoin node runner doesn't know how to see the most recent transactions on his/her node, and therefore heads to a centralized block explorer website)
Once again, thanks for the brilliant piece! Are you on Twitter?
This is a brilliantly written article. If I may:
1) Since most decentralized protocols start off centralized, is there a realistic chance that protocols themselves will naturally move towards increasing decentralization? For eg seed investors might not be happy with founders changing rules in favour of decentralization since it means they have less influence.
2) Is meaningful transparency possible, even with front-end improvements? Reality is that non tech savvy folks do not know how to read the blockchain (e.g. a Bitcoin node runner doesn't know how to see the most recent transactions on his/her node, and therefore heads to a centralized block explorer website)
Once again, thanks for the brilliant piece! Are you on Twitter?