A truly decentralized public blockchain must satisfy three simultaneous requirements: no points of centralization and corruption, full security at the level of proof of work, and transaction throughput above one hundred thousand transactions per second.
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That is, a public blockchain that is not subject to points of centralization and corruption, that is fully secure at the level of proof of work security with a transaction throughput of over one hundred thousand transactions per seconds.
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Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021), VI. The Need for Technology Infrastructure Upgrades, p. 46 https://ssrn.com/abstract=3808859 · source PDF
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Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021). SSRN: https://ssrn.com/abstract=3808859
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stated as the requirement for technological decentralization via blockchain
extendskaal:claim:3373393-036 The core issues that afflict centralized governance solutions, including information asymmetries, censorship, ...
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