Earlier quoted context omitted.
Not everything in the world needs to be decentralized, despite what your local snake oil ICO salesman might tell you. However, there are more than enough significant institutions and processes that can and will function better with a little bit of distribution, decentralization, federation, etc properly baked in at key friction points. Building that future is a worthy and potentially lucrative cause. I know I'm speak…
I always thought distributed systems weren’t necessarily decentralized systems. Is my understanding of the terminology wrong? For example a system that uses distributed algorithms for performance improvements, or a system that is distributed by design and necessity to retain the benefits of redundancy, could be considered both centralized and distributed.
This is correct. Distributed is not the same as decentralization.