Decentralization Maximalism

By: WEEX|2024/10/25 08:28:02

Decentralization Maximalism is a belief that the greatest value of cryptocurrencies and blockchain networks lies in their level of decentralization. Proponents argue that true decentralization provides security, privacy, censorship resistance, and equitable power distribution, which are crucial to the success of blockchain technology. Decentralization maximalists criticize projects that involve central control, even if it means sacrificing scalability or efficiency. For example, Bitcoin is often viewed as adhering to this philosophy because of its fully decentralized structure.

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