The door to freedom in the world of Decentralization is harder to give birth to noble children.Author: danny; Source: X, @agintender
"The great trend of the world, after a long division must unite, and after a long union must divide again." This is a famous saying from the beginning of "Romance of the Three Kingdoms." It describes the cyclical nature of historical dynasties, but if we focus on the blockchain and cryptocurrency world, are we also reenacting this fate? Decentralization was originally born in the name of countering monopolies and breaking authority, but in the evolution of PoW and PoS, we have repeatedly seen the trajectory of "centralized power" making a comeback. Small miners from humble backgrounds can hardly fight alone anymore and can only depend on mining pools; in the world of PoS, the more capital you have, the more you can solidify your voice. At the end of decentralization, there always seems to be a shadow of centralization.
1. The Ideal of PoW and the Reality of Mining Pools
The Bitcoin white paper depicts a fair world: as long as you have computing power, you can participate in consensus and receive rewards. This is a typical vision of decentralization - people.
金色财经_·2025-09-15 04:50