RE: The Next Evolution of Crypto Bridges. The Future Is Now.
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I love the thought of being able to acces other blockchains, or crosschain access so long as the chains (and their bridges) are truly decentralized. Meaning they do NOT have any type of corporation (Labs... etc) behind them.
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Normally, I'd have the same opinion. But the way things are now in the crypto space and the direction they are moving toward, if we only connect to other decentralized ecosystems, we would be very isolated.
Maybe you can help me better understand this part of blockchain. How are they run being that they are not really decentralized. I have read about some having nodes that are run by the users. Does such a capability truly exist and how does that help in decentralization.
I am hesitant to get into anything outside of hive claiming to be blockchain.
It is possible. At one point in the beginning, bitcoin was run only by users with laptops and small computers.
But for most blockchains, users aren't forced to be validators (node operators) too. It's a choice.
Regarding centralized blockchains, there are various ways in which they are centralized. For example, all nodes are in a way controlled by an entity (as it happens on Binance Smart Chain). Or only a few stakeholders control what happens on the chain on a Proof-of-Stake blockchain like Ethereum. Or there is a big centralized entity dispensing funds discretionary on the blockchain, especially for development (many blockchains are in this category).
To be honest, I don't think there is a perfectly decentralized blockchain. There are various degrees of decentralization.