Is Decentralization Only An Illusion?
No
Is it commonplace? Also no.
I agree with you about Bitcoin. In fact, I would say Bitcoin is the largest DAO we have. It is truly autonomous, running via computers all over the world. If one falls off, another fills in.
That is why the idea of banning or stopping Bitcoin is laughable.
As for the rest, there is little there. I would say the removal of the ninja mined stake after the fork puts Hive in that category. Now PoS (DPoS) is much different from PoW so we have that to consider.
The token distribution is spreading out which is helpful. However, this brings up the question as to when something is decentralized versus when it is not. Where is the line in the sand?
I would say the fact that Hive's attack vectors are minimal compared to most of what is out there tells a great deal. Not too many can say that when there are VCs, labs, or foundations behind the projects.
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Thank you for sharing your thoughts! I always thought that Hive was something special but never understood why. Thank you for clarifying! :)