Niko LaamanenFounder, Publisher at Konsensus Network

#Decentralization: Is Your #Blockchain Project Actually #Decentralized? #bitcoin #crypto #investing

21 Nov 2025 · 1 min

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In this segment, the speaker challenges the common claim by blockchain projects that they are "decentralized," arguing that many merely achieve distribution rather than true decentralization. He highlights the difficulty of building a genuinely decentralized system from scratch, using Satoshi Nakamoto's creation of Bitcoin as the rare example of a revolutionary protocol built without a public identity. The speaker questions who is behind these projects that tout decentralization, suggesting that they often conceal hierarchical, traditional power structures beneath the veneer of decentralization.

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TranscriptAuto-generated · 1 min

If you're having a blockchain project and you claim that it's decentralized, well, what most of the times is meant is distributed, which is a different thing. It's quite a hard thing to conceive a decentralized system from zero like Satoshi did, what he did with— what they did with Bitcoin protocol, because how would you conceive— how would you— How would you do that? Program something so revolutionary without actually making yourself public. So this is my biggest problem with a lot of projects that claim to be decentralized. Well then, who are you? Who are you telling me that this is a decentralized system? Who are you selling me this product? Okay, so there's clearly this kind of hierarchical old world system.

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