This is an issue we have really been looking at lately. The term Decentralized, especially in DEFI is really just becoming a catch phrase. Most projects are still extremely decentralized.

Hive is one I will argue, that at it's core level is decentralized, but the DPOS system has it's flaws in that the it is down to the top 20 plus 1 and becomes a popularity contest.

We have been heavily exploring the Cosmos ecosystem and as that is a whole other beast entirely, it's possible to spin up nodes and try and get delegations, but then it's the whole popularity contest issue all over again.

Bitcoin and others like it, Litecoin, Digibyte, and even Monero, are completely different in that anyone can get a computer or ASIC miner and start mining, no campaigning, no having to prove your worth, other than just providing power and infrastructure to the network. These chain are some of the most decentralized, but don't have that sexy defi and smart contract aspect.

My play is I earn inflationary assets and turn them into BTC, LTC, and Monero.

Reblogging for the Coin Logic front page feed!