Bitcoin, Blockchain, and Distributed Web compared to Wikipedia

Wikipedia and Bitcoin

The main reason Wikipedia succeeded was because of the idea that nobody can control the site’s emission or its value, similar to Bitcoin. This means every individual can make decisions, edit, learn, and improve the system. The fast growth of Wikipedia and Bitcoin is part of the two’s similarities. Wikipedia and Bitcoin's Blockchain 

Wikipedia entries, like Bitcoin's Blockchain are not a product of a single publisher. Many people can write entries and a community of users can control how the information is updated. Thus, it can be said that Wikipedia has a decentralized decision-making system.

Keep in mind that despite Wikipedia’s decentralized system, Wikipedia’s servers at its core, unlike the Blockchain, are stored on a centralized server on the World Wide Web. Whenever a user accesses a Wikipedia article, they will simply receive the updated version of the 'master copy' of the Wikipedia article. The government may also censor some parts of Wikipedia.

 Wikipedia and the Distributed Web 

People like the idea of a more decentralized decision-making system. A centralized decision-making is commonly viewed as inefficient and constraining freedom.

This is why nowadays, structures like the distributed web, which shares similarities with the decentralized system is gaining popularity. With a polycentric system of governance, systems can still be efficient without any centralized command or control. This is the future of technology.