Decentralization is the core principle of cryptocurrency, ensuring that no single entity controls the network. This article explains why decentralization matters and how it protects users.
What Is Decentralization?: Define decentralization as the distribution of control across multiple nodes or participants, ensuring that no single entity has complete authority.
Decentralization in Practice: Explore how blockchain networks like Bitcoin and Ethereum achieve decentralization, where miners and validators operate independently to maintain the network.
Why It Matters: Explain the benefits of decentralization, including censorship resistance, security, and the prevention of fraud and manipulation by central authorities.