The People Layer of Decentralization
In earlier pieces of this series, we unpacked why decentralization isn’t achieved through legal structure alone, why ownership doesn’t necessarily translate to control, and why governance doesn’t always result in real authority. This time, we move one layer deeper—into execution. Even when code is decentralized, someone still has to run the system. If you’ve spent any time around Web3, you’ve likely heard some version of this idea: “It’s all on-chain now.” Smart contracts are deployed, governance is live, and the system, […]
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