Decentralization is delivered by protocols, Mike Belshe notes

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Hanna Syniavska

11.05.2026

Decentralization is delivered by protocols, Mike Belshe notes — Decentralization is protocol, not a statement

Mike Belshe argues that decentralization should not just be an abstract declaration but a principle implemented directly within blockchain protocols.

He cites Bitcoin as an example of this approach done correctly.

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Belshe has previously commented on technical advances in crypto infrastructure. He noted that BitGo's self-custody API enabled AI agent wallets from its initial launch. Separately, efficiency concerns have surfaced, such as reports that $70 million is spent annually to distribute $4 million in funds.

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