> For the complete documentation index, see [llms.txt](https://docs.openxswap.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.openxswap.exchange/information/further-reading/decentralized.md).

# Decentralized?

The question of *decentralization* is by no means settled. We are not satisfied that the question itself has been properly formulated, in truth we have little interest in formulating it. We believe experiments in decentralized governance must first be performed, analyzed, and mined for data before a conceptual framework for "sufficiently decentralized exchange" achieves consensus in popular culture. We are preoccupied only with our experiments and their founding principles.