Empowering users in the crypto world
Decentralization refers to the distribution of control and decision-making away from a central authority. In the context of cryptocurrency and blockchain, it means that no single entity, like a bank or government, controls the network. Instead, power is spread across a network of participants, ensuring greater transparency, security, and resilience.
Decentralized networks are more robust as they don't rely on a central server, reducing the risk of system-wide failures or attacks.
Without a central authority, it's harder for any entity to censor transactions or control the flow of information.
Users have direct control over their assets and data, promoting financial inclusion and autonomy.
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