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Decentralization in Blockchain
2 years ago
22
Technology
Tech Reviews
Decentralization
Blockchain
Decentralized
CryptoDecentralization
DistributedLedger
Web3
DeFi (Decentralized Finance)
DecentralizedApps
PeerToPeer
At its core, decentralization in blockchain refers to the distribution of control, authority, and data across a network of computers (nodes) rather than relying on a single central authority or intermediary. This innovative approach eliminates the need for a middleman, such as a bank or a government, to oversee and validate transactions
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