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The Decentralization Matrix by scottcbusiness

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hive-167922 · @scottcbusiness · (edited)
$392.01
The Decentralization Matrix
<center>

![decentralization matri.jpg](https://files.peakd.com/file/peakd-hive/scottcbusiness/244KRRK6RGLvpqXsX6bu8JXXrCQX2NBXk3DwT4uC9npTiBV4i3d7HYDrdWZPzL7jebyMT.jpg)

</center>

---

It’s become more apparent to me that there is no clear definition of decentralization and there are so many factors that there is no way to easily classify something as decentralized.

Other links:
https://d.tube/#!/v/scottcbusiness/QmSsf5AUDy7GBzP53VR4QGee1DHWU9V1FicL4MMBbyJqom
https://odysee.com/@ScottCBusiness:4/decentralization-matrix
https://youtu.be/BnJPj5VfXOg

[![](https://ipfs-3speak.b-cdn.net/ipfs/bafybeieexocs5q47b6er77e7onltm67rmafecgp7qomez3xmftvmblfus4/)](https://3speak.tv/watch?v=scottcbusiness/bixlestg)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=scottcbusiness/bixlestg)

This is my 516th episode/article. I put a great deal of work into this content so if you find it valuable, please do like, share, comment and subscribe!


![Decentralization Matrix.jpg](https://files.peakd.com/file/peakd-hive/scottcbusiness/242DdHtFd77WPRkWYHshwhq7g2ueRATrpnwiRnuSxdgJJMkFFRokTKQ8Z4mKahpzfMRTJ.jpg)


I’ve decided to create a matrix that will serve as a reference to accurately determine if something is decentralized and to what degree on a spectrum. This is particularly being made with blockchain social platforms in mind, but I’m sure most elements could be applied to other projects.

•	Can anyone monetize?
•	Is there a KYC process?
•	Are the tokenomics of the system sustainable?
•	Do they have a terms and conditions?
o	Do they have something like a “we always still retain the right to ban you” clause?
•	Do they sell premium features
o	Are they payable without KYC?
•	Are there “back-doors” or super administrative users that could log into or manipulate a user’s account in some way?
•	What is the initial token distribution/was there a pre-mine or ninja-mine?
•	What is the ratio of tokens staked vs liquid tokens? How many people are staking? 
•	Number of core developers?
•	Can you self-host content and or utilize peer to peer technology?
•	Number of decentralized application (dapp) developers?
•	Can anyone post content and participate? (Is it invite-only)
•	Can anyone develop third party applications/tools/services for the platform?
•	How challenging/easy is it to fork or clone?
•	How is privacy handled?
•	Is it open source?
•	How concentrated is the wealth of the ecosystem?
•	Is their cryptocurrency an actual cryptocurrency?
•	Does it support and uphold free speech?
•	How are moderation and censorship cases handled?
o	Do they go after copyrighted material?
•	Is the governance decentralized?
o	Is it a DAO?
o	Is there a company and or CEO behind the project?
o	Is voting transparent while also protecting privacy?
o	Is there anything protecting the governance model from an attack?
•	Does the project actually use and integrate with a blockchain?
o	How many nodes are there?
o	How distributed are the nodes?
o	What’s the barrier of entry to start a node?
o	Are they incentivized fairly without over concentrating wealth to the top nodes?
•	Does it use Amazon Web Services, Google, Cloudflare, or another service that could create a single point of failure?
•	How many of these factors are trustless versus policies/promises?

Some further questions can be considered to further determine if that platform is also a decent one.
•	Is it free to use?
•	Does it have working media functionality?
•	Are the load times reasonable?
•	Is it easy to sign up?
•	Is there a decent sized community?
•	Are there language filters?
•	Do you have to download something to use it?
•	Does it have a mobile application?

Did I get anything way wrong? Am I missing anything? What is the best way to measure if something is decentralized? Should decentralization even be the goal? Let me know what you think about this in the comments below and don’t forget to subscribe!

*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*

👥 Support Me & Follow Me Elsewhere 👥 
👉 http://www.scottcbusiness.com 
Ask questions in my Telegram: https://t.me/cryptoandthings 
You can find all my cryptocurrency addresses on https://cointr.ee/scottcbusiness 
You can find all of my referral links here: https://linktr.ee/scottcbusiness

---

▶️ [3Speak](https://3speak.tv/watch?v=scottcbusiness/bixlestg)
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vote details (552)
@albertocova ·
$0.27
@scottcbusiness, saludos amigo yo agregaría que tenga mayor compatibilidad y compenetración con juegos nft, vaya de la mano con uno, como cuando inicio Steemit según estoy leyendo con Splinterlands, corrígeme si estoy equivocado por favor. fíjate Meta va en vías de descentralizar con Metaverso.
👍  
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@scottcbusiness · (edited)
$0.26
Todo lo que se parece al metaverso hoy en día está centralizado. La mayoría de las veces, las empresas no estarían incentivadas para hacer un metaverso descentralizado real porque, en mi opinión, los valores caerían y se normalizarían en toda la industria.
👍  
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@albertocova ·
$0.25
Ok, se respeta tu opinión, gracias por el comentario.
👍  
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@andy0595 ·
$0.22
Great video. Happy to see Dtube there in left bottom.
👍  ,
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vote details (2)
@scottcbusiness ·
$0.22
Thanks for tuning in!
👍  ,
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@dalz · (edited)
$0.25
Great one Scott!
👍  ,
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@scottcbusiness ·
$0.23
Thanks so much!
👍  
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@elguarodigital ·
$0.29
Amazing work! <b>May be! is the post of the year!</b>
Human kind don't know yet how important is a decentralizated economy.
👍  ,
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@scottcbusiness ·
$0.27
Thanks for your support! I agree.
👍  
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@hivebuzz · 
Congratulations @scottcbusiness! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@scottcbusiness/posts.png?202204220528"></td><td>You published more than 850 posts.<br>Your next target is to reach 900 posts.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@scottcbusiness) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


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@hivebuzz · 
Congratulations @scottcbusiness! Your post has been a top performer on the Hive blockchain and you have been rewarded with the following badge:

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/toppayoutday.png"></td><td>Post with the highest payout of the day.</td></tr>
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<sub>_You can view your badges on [your board](https://hivebuzz.me/@scottcbusiness) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
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**Check out the last post from @hivebuzz:**
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@iliyan90 ·
$0.34
Good talk…
You pointed some very good facts…
So if people listen 🎧 carefully they have to get it….
Understanding and seeing decentralized systems is kind of important…

All you have to do is understand hive….

Namaste 🙏
👍  ,
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vote details (2)
@scottcbusiness ·
$0.31
Pretty much yeah. Thanks for tuning in
👍  
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@kgakakillerg ·
$0.27
Great video keep up the good work 👍🏾
👍  , ,
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@scottcbusiness ·
$0.27
Thanks for watching! :)
👍  ,
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@kgakakillerg ·
$0.25
My pleasure thanks for sharing 👍🏾
👍  ,
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@offgridlife ·
$0.23
Very good questions. Upvoted and shared.
👍  ,
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@scottcbusiness ·
$0.21
Thanks for tuning in!
👍  
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@poshtoken · (edited)
https://twitter.com/3speakonline/status/1517470372857364483
https://twitter.com/ilbiscom/status/1517956906148585472
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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@starkerz ·
$0.68
So good. I hope this matrix becomes a standard in the industry. 

It will help everyone further develop decentralised solutions and maybe create some healthy competition and integration of true decentralised web3 tools. 

Great speaking with u on community token talk podcast Scott! 

Keep up the good work
👍  , , ,
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vote details (4)
@scottcbusiness ·
$0.36
I'd love to have you guys on my show soon. I think it would be huge if we could get some kind of standard going at all. I'm just happy to start the conversation. Thanks again!
👍  
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@starkerz ·
$0.37
lets be in touch on that!!
👍  ,
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@stefano.massari ·
$0.38
Scott!  you are doing an outstanding job.  Thank you for sharing very useful information with all of us.  I should have followed you more in the past.  I will try to spend more time on your advice.
👍  ,
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@scottcbusiness ·
$0.41
It's my absolute pleasure. Cheers
👍  ,
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@stefano.massari ·
$0.31
Currently with blockchain-based social networks I am happy with HIVE, it has a good ecosystem, plus it is fully functional.  The other one that I find quite interesting is Loop Market on TERRA
👍  ,
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@typebox ·
$0.41
Nice to see you come out of covid, attitude of a soldier ! 💪🏾 First podcast and it’s a banger already ..

Decentralization should really be the goal in my own opinion even though it might not be 100% attainable.
👍  ,
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@scottcbusiness ·
$0.39
Thanks! I will be going strong again. Yeah it's almost impossible to attain and 100% may be ineffective
👍  ,
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@unklebonehead ·
$0.21
NUMBER ONE HAM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
👍  ,
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@scottcbusiness ·
$0.24
Thanks for watching the whole thing!
👍  ,
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@unklebonehead ·
$0.39
Can we download a copy of that snazzy looking diagram you got going?
👍  ,
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@scottcbusiness ·
$0.37
Absolutely. I'll add the image to the blog right now :)
👍  ,
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@unklebonehead ·
$0.34
Thank you!
👍  ,
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vote details (2)
@wil.metcalfe ·
$0.02
Ok! Time to dive in Scott!

Thanks for this one! It looks like I'll be spending some time this week diving into what you've covered on this post! I'm looking forward to doing this... AND I look forward to impacting your comments section with @comet.ranker as well! ☄️

This should be FUN! 🙌

@wil.metcalfe
Comet Ranker
👍  
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@scottcbusiness ·
$0.27
Thanks for checking let me know your findings :)
👍  ,
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@wil.metcalfe · 
👍
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@xinxin1 · 
great video👍
👍  
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