Are blockchains really decentralized?

[tuertezii]

The emergence of various public chains has gradually weakened my enthusiasm for Ethereum, because Ethereum is really unaffordable and too expensive. Decentralization is not so important for traders who want to make profits in a short time.

[domoy77]

The emergence of various public chains has gradually weakened my enthusiasm for Ethereum, because Ethereum is really unaffordable and too expensive. Decentralization is not so important for traders who want to make profits in a short time.

Only poor people say Ethereum is too expensive and if you hate Ethereum for its price then you are the first fool to hate Ethereum at this point because in the past so many people prayed for Ethereum's price increase and hoped that Ethereum would be better than it was.

[timerland]

Hello everyone, I have a question. Solano Blockchain network was overload two days ago, how was it possible for the network to be shut down? Doesn't that mean Solana Blockchain is centralized?

I don't think that this was the case with SOL.

However, not all cryptos are decentralized.

Just look at something like XRP, it is clearly not decentralized because its sole value derives from the fact that they have integrations with centralized financial institutions. Or something like Tether, which solely depends on the backing on the issuing agency.