What is Decentralization?
Decentralization is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.
Why is it Important?
Decentralization increases system robustness, reduces the risk of a single point of failure, and enhances privacy. It's a fundamental principle of blockchain technology.
Resources
Embrace the future of decentralized systems and explore more about how this impacts industries globally from technology to finance!