1. The Illusion of “Decentralization”
Secret: Most crypto projects marketed as decentralized are not truly decentralized.
Breakdown:
- Many projects claim to be decentralized but are actually controlled by a small group of insiders, such as developers, founding teams, or token whales.
- Voting mechanisms (DAOs) can be manipulated if voting power is tied to the number of tokens held, allowing early investors or VCs to steer decisions.
- Some blockchains (like Solana) rely heavily on a small number of validators, which can be shut down or influenced.
Lesson:— READ MORE HERE
