If an ecosystem utilizes and manages a pool of decentralized assets and resources for its operations and evolution, should the powers to control those assets and resources be vested in those who develop and operate the system?
The developers and administrators are only facilitating and not owning the system per se. Their only role should be to provide a robust platform that empowers the members to operate away from the central control.
While it’s the developers and administrators that deliver the products and services, it is rarely observed that investors and ecosystem participants have any exercisable power in this crucial area. They have no choice but to “trust” the core team and the quality of their services or products. There’s hardly any justification for dictating or taking away the right of the collective to set up their own rules.
“Decentralization is the process of redistributing or dispersing functions, powers, people or things away from a central location or authority.”
This article was originally published on Medium