If level of decentralisation was the determining factor, Bitcoin would be jumping straight up to one. Probably with Monero as number two.
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If level of decentralisation was the determining factor, Bitcoin would be jumping straight up to one. Probably with Monero as number two.
Bitcoin is an open-entry system, meaning anyone can participate, or start mining.
But having three mining pools controlling over 51% of the hashing power isn't exactly decentralized...