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Exploring the Impossibility of Decentralization

This article is originally published in Albaron Ventures. Grade school might tell you anything is possible. Complete and total decentralization, however, is not– at least sustainably.  The premise that decentralization is impossible hinges on the fact that decentralization “experiments” such as Bitcoin have approached towards degrees of centralization. For example, Bitcoin’s Proof-of-Work (PoW) mechanism relies…