I guess, in a centralized system. Someone has to be the cop. While this persons role is essential, it also give this âcopâ a lot of power and authority over those who arenât the cop. This creates a tension and suspicion between authority and the subjected class. With a decentralized security network, it can act as in impartial institution that nobody suspects of bias or ill intention. This leads to less conflicts which is the main point of security.
Centralized Authorities are consistently hacked which is something you canât necessarily blame them for but it is still a worry. Second, the centralized authority may not have your best interest at heart. A great example would be how Youtube has started taking down crypto currency videos of legitimate businesses by making sweeping accusations of scams and disinformation. Since it is their platform, they have the right to make the rules on that platform. If the network is decentralized, there will be less of this problem and it is likely that there will be less bias. However, isnât concensus a form of bias? I also wonder if consensus could be argued to violate the first amendment of the constitution of the united states. I hope not, but maybe.