This is still an ongoing debate in the crypto space.
The opposing argument to concentrated mining pools is that they still require individuals to point to these pools and are essentially acting as proxy votes. It's decentralized because mining pools only have as much power as individual participants allow them to have and there have been multiple occasions where individuals have forced an action such as the UASF.
PoW seems to be on the outs recently with PoS, DPoS, DAG and other algorithms emerging as potential alternatives.
The opposing argument to concentrated mining pools is that they still require individuals to point to these pools and are essentially acting as proxy votes. It's decentralized because mining pools only have as much power as individual participants allow them to have and there have been multiple occasions where individuals have forced an action such as the UASF.
PoW seems to be on the outs recently with PoS, DPoS, DAG and other algorithms emerging as potential alternatives.