The original post: /r/cryptocurrency by /u/dflagella on 2024-12-04 20:02:05.

Decentralization is a spectrum and a very popular aspect of cryptocurrency. Bitcoin is of course very decentralized, but it lacks the development and ecosystem building that a chain like Ethereum has. How do different validations play into this? Is proof of stake too centralized? What about innovations like proof of liquidity? Do ZK proofs affect decentralization?

In your opinion, which protocols have got decentralization right or are the most decentralized?

I’m curious about examples where all, or almost all, aspects of a protocol are in the hands of a DAO, if it exists. Are there any that development is a DAO decision? How does this function?

I guess this is a bit of a technical and philosophical question but I’m curious to hear what people think and see what’s out there.