
In the early days of blockchain, full decentralization was deemed to be the North Star: the objective all projects should work to attain. Even today, the word "decentralization" is the subject of heated industry debate.
Yet as we enter the early weeks of what many expect will be a pivotal year for the mainstream adoption of this transformative technology, it has become increasingly clear that, for many, decentralization for decentralization's sake is little more than a utopian ideal that falls apart in the cold light of reality.