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Re:Web3 is centralized and inefficient by oivey on Wednesday March 23, 2022 @01:06AM (#30775163)
I think people have some big misunderstandings about power. You’re right, centralized systems can lead to monopolies. On the other hand, decentralized systems where no one has absolute power can make important changes difficult to implement. See: changes to Bitcoin and Ethereum’s protocols to address issues with mining.

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