> Then there is the question of how decentralised services will earn their keep. [...] More fundamentally, an internet that eschews control points may be one that affords firms less opportunity to build profits. To create a return that makes venture capitalists happy, the new tech firms will almost certainly come under pressure to get ever bigger. This seems to me the core problem and contradiction of the current ini…
>> I think it is the misunderstanding of how decentralized applications work. The seeds decide about nothing during runtime. In an ideal scenario the seeds execute the application without being able to make any decisions terms of the business logic. That's how the trust between seeds can be established by executing the common functions i.e. Bitcoin mining or performing the Ethereum smart contracts by executing the ap…
Decentralization can be a achieved to a great degree by simply taking federation to its extreme.