Great answer. The best solution is probably somewhere in the middle.💜
This article does a great job of breaking down & defining each facet of decentralization to help people become more familiarized with these concepts.
Features of Decentralized applications
Open Source: The application’s code structure must be mostly available for public research.
Decentralized: The application’s data should be stored on a public and decentralized blockchain platform.
Incentive: The application must utilize tokens/digital resources to reward its network supporters.
Protocol: The application must generate tokens using a cryptographic consensus algorithm to demonstrate proof of value.
BlockChain Technology and Decentralized Applications https://medium.com/digital-transformation-and-platform-engineering/blockchain-technology-and-decentralized-applications-296177abd765 nostr:note108qpnayzajue6rwfw0khczhecc3r7dr95070tmftk4u4808kkmjsapp8t3