Pathway to Decentralisation

Summary

Decentralisation is often cited as the core metric by which all blockchain projects are measured. But what exactly is decentralisation? Is it a starting point or destination? Is it quantifiable or even desirable in every instance? This has become increasingly pressing now the SEC (U.S. Securities and Exchange Commission) has explicitly communicated ‘decentralisation’ as a determining factor in whether it categorises a crypto-asset (aka token) as a security.