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Decentralisation is often brandished as a flagship promise of cryptocurrencies: a system with no central authority, where decisions and transactions are distributed among network participants. But in practice, decentralisation is a spectre rather than an absolute state. Very few protocols are completely decentralised and, behind the rhetoric, many projects retain strategic control points.
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Grant Everist
Grant Everist is an Analyst at The Big Whale, based in Brooklyn, New York. His work focuses on stablecoins and decentralized finance, and he has authored articles on digital monetary policy and asset tokenization. Published pieces associated with him include coverage of listed crypto companies in North America and analysis of governance structures in crypto projects.
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