Decentralization ≠ Censorship-resistance
These words are often thrown together in a barrage of crypto jargon, but it’s important that we understand their meaning separately.
Simply put:
🧱Decentralization is about structure
🎯Censorship-resistance is about outcomes
How many nodes are there?Who controls the keys? Is the protocol permissionless?
These are all questions about decentralization.
On the other hand, censorship-resistance is about answering this question:
What does the system do under pressure?
A censorship-resistant network has to be unstoppable. Decentralization is just the way to get there.
Bitcoin isn’t just decentralized, it’s censorship-resistant.