You are viewing a single comment's thread from:

RE: LeoThread 2024-07-04 10:13

  1. Proving decentralization: Successfully resisting a takeover attempt or forking away from centralized control can demonstrate and reinforce a project's commitment to decentralization.

This argument has some merit, as we've seen with cases like Hive and to some extent, Ethereum Classic. However, it's important to note:

  • Not all projects with pre-mines or ICOs necessarily need such dramatic events to achieve decentralization.
  • These events can also be risky and potentially damaging to a project if not handled well.
  • True decentralization involves multiple factors beyond just token distribution, including node distribution, developer ecosystem, and governance processes.