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Why Decentralization Matters

" Decentralized networks aren’t a silver bullet that will fix all the problems on the internet. But they offer a much better approach than centralized systems.

Compare the problem of Twitter spam to the problem of email spam. Since Twitter closed their network to 3rd-party developers, the only company working on Twitter spam has been Twitter itself. By contrast, there were hundreds of companies that tried to fight email spam, financed by billions of dollars in venture capital and corporate funding. Email spam isn’t solved, but it’s a lot better now, because 3rd parties knew that the email protocol was decentralized, so they could build businesses on top of it without worrying about the rules of the game changing later on.

Or consider the problem of network governance. Today, unaccountable groups of employees at large platforms decide how information gets ranked and filtered, which users get promoted and which get banned, and other important governance decisions. In cryptonetworks, these decisions are made by the community, using open and transparent mechanisms. As we know from the offline world, democratic systems aren’t perfect, but they are a lot better than the alternatives.

Centralized platforms have been dominant for so long that many people have forgotten there is a better way to build internet services. Cryptonetworks are a powerful way to develop community-owned networks and provide a level playing field for 3rd-party developers, creators, and businesses. We saw the value of decentralized systems in the first era of the internet. Hopefully we’ll get to see it again in the next. "

By Chris Dixon


Decentralization continues to be one of the most import trends in the world. Not to be dramatic but it could be the difference between having a bright future and living in a dystopia 20 years down the road.

This article gives a great perspective on why we should be optimistic on decentralization's chances at becoming the dominate philosophy. Very much worth a read.

But why did he publish on centralized Medium and not Steemit...?

https://medium.com/@cdixon/why-decentralization-matters-5e3f79f7638e