RE: RE: Will there be Centralized Web 3.0? - Contradictions
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RE: Will there be Centralized Web 3.0? - Contradictions

RE: Will there be Centralized Web 3.0? - Contradictions

A friend here once said there is centralization in decentralization. And it seems some people will always have more measure of control and stake than others. That could (and have) lead to abuse. For example, a whale here might not like you or your project. Its possible that he uses his huge stake to remove your earnings through downvotes. And if he has a large circle of friends, he might influence them to do same. The community might want to help you, but their stake is small. That is an unfortunate scenario where centralization might rear its ugly head in a decentralized environment like Hive.

For me and most of us, we love decentralization at its current state because it has given us something better than centralization. However, it still has and will always have elements of centralization. How strong the community could be to counter the power of a few powerful friends would be a measure of how strong the community could be to fight censorship.

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