Direct from the desk of Dane Williams.
When it comes to Web3, centralised and decentralised ecosystems will continue to run in parallel.
Why do we continue to see arguments raging between those who want a completely decentralised world and those who crave the relative security of centralisation?
Decentralisation is a spectrum, with each point along the ray offering its own advantages and disadvantages.
Decentralisation offers freedom and autonomy.
Centralisation offers stability and efficiency.
When you move anywhere in between these two points, you will obviously receive varying pros and cons of each.
There is no black or white, there is no right or wrong and each ecosystem will always coexist in parallel.
So what the fuck are we arguing about here?!
The decentralisation spectrum
Neither side of these Web3 parallels will ever take full control.
This is why I find this centralisation vs decentralisation argument so baffling.
And don’t get me wrong, those on the side of decentralisation are just as guilty in this regard.
Their argument is that if there is centralisation in any aspect of the network or applications built on top of it, that this is the end of the world.
As I’ve spoken about numerous times, finding a truly decentralised network in the current environment is all but impossible, let alone a fully decentralised dApp built on top.
But again, decentralisation is a spectrum and all that matters is offering people a choice all the way along.
Full decentralisation is not only unrealistic, but downright impossible.
There will always be builders coming together and prioritising getting shit done over all else.
This is a good thing and the option to do things in this manner will always remain.
Web3 simply offers a choice
Ultimately, a decentralised Web3 is not a binary proposition.
The shift to Web3 is actually not about decentralising the internet like you may have read in some of the recent mainstream coverage of the topic.
Web3 simply offers users a choice.
The efficiency that your traditionally structured, centralised company can offer, is obviously unparalleled.
Again, nobody is debating this fact.
But there is a clear use-case for decentralised applications outside of the regulatory oversight.
In the west, where the government is framed as a trustworthy entity who is working on the same side as the people, the question is always why?
Why would you want to interact with a digital world outside of government oversight?
Well it may be all well and good for some, but what about the rest of this extremely fucked up world that we find ourselves living in?
Don’t you think that offering a decentralised choice that is untouchable by all may be a net positive?
Remember, the role of a western democratic government is to actually represent the people that elected them.
When it comes to the shift to Web3, the only outcome will be for governments to become educators rather than regulators.
Thanks to the decentralised Web3 parallel, people will now ALWAYS have a choice.
The freedom and ownership of decentralisation.
Or the efficiency and relative safety of centralisation.
In fact, it’s more than likely that both will thrive in parallel to greater states than if we remained in a state of Web2.
The future of Web3
While my personal belief is that a digital world owned by the users themselves via tokenisation is a net positive for humanity, I’ve tried to make it clear that nobody is going to take away their centralised counterparts.
We are still so insanely early in the shift from Web2 to Web3 and right now the centralised parallel is the obvious choice.
But as we see here on the Hive blockchain, the decentralised parallel is building itself out pretty much under the radar.
Not everyone is going to want exposure to this Web3 parallel, but for those that do, getting an immutable Web3 Hive account may be the savvy choice.
LeoFinance makes it super simple to onboard into this parallel by offering you the ability to use your Web2 Twitter account to get involved.
Simply head to leofinance.io, click the get started button at the top and create your account using your Twitter login.
From there you can claim your keys and take full control.
If you want to.
The CHOICE is ultimately yours.
Best of probabilities to you.