To achieve complete decentralization, it is necessary that the environment around the blockchain also be decentralized. The blockchain is a distributed ledger that runs on top of conventional systems. These elements include storage, communication, and computation. There are other factors, such as identity and wealth, which are traditionally based on centralized paradigms, and there's a need to decentralize these aspects as well in order to achieve a sufficiently decentralized ecosystem.
Blockchain and full ecosystem decentralization
Storage
Data can be stored directly in a blockchain, and with this fact it achieves decentralization. However, a significant disadvantage of this approach is that a blockchain is not suitable...