Unverified90% confidenceFactExact time
Former SEC official William Hinman first introduced the concept of 'sufficiently decentralized' in a 2018 speech, arguing that when a network reaches a sufficient degree of decentralization, its native token may no longer be considered a security
1
Sources
90%
Confidence
Long-term
Relevance
8/2/2026
First Seen
Sources
Sophis Founder Steps Down Before Mainnet: An Extreme Experiment in Decentralized Governance
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