Centralization vs. Decentralization

The evolution of computing has oscillated between centralized and decentralized systems, with the nineties favoring decentralization and the last couple of decades leaning towards centralization. A significant insight reveals that the majority of today's software is developed by collaborative communities rather than traditional companies. This shift suggests that blockchain technology may usher in a new era where Internet services, much like software, are created by decentralized groups, transforming the landscape of social networks and marketplaces.