Post
Topic
Board Altcoin Discussion
Re: DeFi is not decentralized, DAO is also not decentralized
by
Godwinpaul
on 01/07/2022, 06:39:46 UTC
Decentralisation goes beyond ownership structure. I agree with the fact that a huge percentage of most decentralized projects are owned by a seasoned few, but that does not change the fact that they are decentralized. Decentralisation is could be depicted in the public ledger and transparency of transaction. I recall that one of the characteristics of cryptocurrency is decentralization.