I've been skeptical at considerable length about the prospect of a decentralized Web [so] I was asked to summarize what would be needed for success apart from working technology.
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Like XML, blockchains are kinda fundamentally misguided; they don't solve a problem that is actually important. XML solved syntax, which turned out not to be the problem. Blockchains [purport to] solve centralization, which will turn out not to be the problem.
Lots of tech projects these days, especially crypto-networks, aspire to decentralization. Or their evangelists say they do, because they feel they need to. Decentralization is the new disruption—the…