Article: Decentralization vs. centralization: Where does the future lie? Experts answer

Decentralized Internet, Web 3.0

Decentralization vs. centralization: Where does the future lie? Experts answer

Last year, the world witnessed the great rise of the decentralized finance (DeFi) sector, which has started a significant shift toward decentralization. Monopolized data, controlled by a few companies in Web 2.0, causes the redistribution toward individual users in the rise of the Web 3.0 movement, even to decentralized governance that is now theoretically, technically and practically possible.

Blockchain-backed, driven decentralization can potentially redemocratize society by regaining trust in the election process, or as some argue, by protecting democracy around the globe. While blockchain cannot solve everything, it still has the potential to solve a lot of economic and social problems such as increasing diversity and inclusion, bridging the gender gapempowering the unbanked and combating economic injustice.

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Article: Anchoring the worlds with flexible and high-performance on-chain governance

Blockchain, Governance

Anchoring the worlds with flexible and high-performance on-chain governance

If we understand governance as a key driver for blockchain adoption, networks must approach decisions, such as consensus mechanisms, various participants’ roles — and more — with great care and deliberation. Moreover, to bring together the on and off-chain worlds, on-chain governance must evolve to enable the following:

  • The mapping of real-world legal units or jurisdictions to the chain.
  • A comprehensive identity system which ties network participants’ identity to their social identity.
  • Participation in governance via greater rights with the caveat that such rights can be revoked in.

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