And again, using that term is wrong, because by definition these networks only give more power to those who have more money. Proof-of-work and proof-of-stake are intentionally designed to work that way. There is no democratization or fairness. The level of coordination isn't implausible either, it's already happened several times already, and there's nothing actually stopping it from happening again other than some vague "trust" that the system is going to work in a way that crypto promoters say it will.
Just to make this clear: If you personally don't have a vote then there's no democratization. You don't have one if you don't run a full node, which it's very likely that you don't. And if you do, the hashpower (i.e. voting power) of the full nodes you run is determined by how much money you invest in mining hardware. It's not democratic in any possible way you look at it. I'm not just making this up, crypto developers will readily tell you that the system is purposely designed this way to not be democratic.
Just to make this clear: If you personally don't have a vote then there's no democratization. You don't have one if you don't run a full node, which it's very likely that you don't. And if you do, the hashpower (i.e. voting power) of the full nodes you run is determined by how much money you invest in mining hardware. It's not democratic in any possible way you look at it. I'm not just making this up, crypto developers will readily tell you that the system is purposely designed this way to not be democratic.