The exact opposite of this happened earlier this week with Solana and Arbitrum.
According to the Solana team, a large transaction overload occurred and caused
the network to fork. This downtime resulted in the network being offline for nearly 24 hours.
Arbitrum was also offline
for a brief period of time as well.
These instances provide us with prime examples of why decentralization and on-chain governance is important. It’s easy to discard this particular aspect as it’s easier on the user side with centralization, or having a singular/central authority overseeing. But, that “easiness” can come with it’s negative effects.
I encourage you to read this great article
by Chris Dixon to get a better idea of what those might be.
The very ethos of blockchain hinges on decentralization. As Tezos continues to evolve and grow, we should not become surprised as more concern begins to be placed on centralization.
With protocol H on the upcoming horizon and network usage growing by the day, it will be exciting to see what features will be presented in the upcoming protocol upgrade!