Decentralization is, in many ways, the central and distinguishing feature of blockchain technology. Decentralized processes and technology can reduce, if not eliminate, the need for intermediaries across industries and use cases. Decentralized finance (DeFi) platforms, for example, can distribute profits and governance to users and the larger community by removing banking institutions from financial instruments. On a more fundamental level, a decentralized network crowdsources consensus, making it much more difficult for any single entity to control or censor the data that traverses the network. Many experts, however, believe that achieving optimal decentralization can reduce network throughput.