The mission of the Cardano project is to deliver decentralization to everyone, especially those who need it the most. This may sound like a phrase that every blockchain project can use. The reality is that there are not many blockchain ecosystems that can deliver decentralization to people. With increasing fees for Bitcoin transactions, the debate is that on-chain transactions will only be affordable for the rich. While first-class citizens can enjoy the benefits of decentralization, second-class citizens will have less decentralized solutions available, or even just custodial ones. If we are satisfied with this idea of the future, blockchain technology will fail because it will not solve any problem. The availability of decentralization will increase with the number of blockchains in the crypto industry. If you put maximalism aside, you will find that it is possible to achieve high adoption and be a strong alternative to traditional financial institutions.
This article was prepared by Cardanians with support from Cexplorer.
Read the article: https://cexplorer.io/article/decentralization-must-be-accessible-to-all