The Web3 Decentralization Debate Is Focused on the Wrong Question

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The Web3 Decentralization Debate Is Focused on the Wrong Question
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  • 📰 WIREDBusiness
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Fixating on the degree—rather than the type—of decentralization is leading us astray.

is associate political economist and social technologist at Microsoft, the RadicalxChange Foundation, and the Ostrom Workshop.is the James Bryant Conant University Professor at Harvard, director of Harvard's Edmond J.

We believe decentralization’s value is in genuinely empowering people to act decisively within their social contexts, while providing mechanisms of necessary coordination across contexts.

Subsidiarity is the architecture and type of decentralization that makes composable local control possible. But the dominant trajectory of Web3 is unlikely to deliver, and may even run contrary to, subsidiarity. Permissionless blockchains are built as a distributed redundant ledger, where storage and authority are allocated by anonymous economic mechanisms and accessed via fungible, transactable resources such as computation and tokens.

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