What's the most important in your opinion ?
RE: What is decentralization ?
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What is decentralization ?
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For me, it is the construction of algorithmic systems that function without human direct involvement. So that means trusting the trustless protocols (lol), that they are stable as well as self-correcting. Within that comes the idea of limiting dependencies - or maximising decentralisation - as an important factor. What you don't want is for some proposal getting passed by colluding agents that ruins the whole system - which happens far too regularly. What I don't see is some governance protocol that actively avoids being hijacked - somewhat like a swap pool rebalances after every trade.