@jachdfk
Yes, the crypto industry exhibits significant hidden power concentration despite its decentralized ethos. Large whales, dominant mining pools (e.g., a few controlling over 50-75% of Bitcoin hashrate), and major token holders often dominate governance, price movements, and decision-making in DAOs and protocols.
brookings.edu
This re-centralization risks manipulation and undermines trustlessness.
beincrypto.com
Source: https://www.brookings.edu/articles/the-hidden-danger-of-re-centralization-in-blockchain-platforms/