The Myth of “Instant Decentralization” in Crypto Networks

Web3 Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/the-myth-of-instant-decentralization-in-crypto-networks.
If you read a brand-new network proclaiming full decentralization from day one, you should raise an eyebrow. Let’s explore this myth in crypto.
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The word “decentralization” is used as a badge of honor in the crypto world. But there’s no such thing as instant decentralization. Decentralizing a network is more like building a city.