What is decentralized?

What is decentralized?

What exactly is decentralized?

As is often the case in stories related to virtual currency,

There is also a metaverse called Dissentraland.

What in the world?

What is decentralized?
Decentralization and decentralization. It means “decentralization and decentralization.

You see this a lot in virtual currency and web3 articles and tweets. Decentralized something or other…that’s it.

What is Centralized?

The opposite meaning of the word “centralized” is also used.

This one is

What is Centralized?
Centralized, centralized, and centralized. It means “centralized, centralized, centralized.

The analogy is often made.

  • Web 2.0 companies like GAFAM are centralized (centralized)
  • Blockchain services are decentralized (decentralized).

DeFi (Decentralized Finance) is where the letter “De” comes from.

The initials of DAO (Decentralized Autonomous Organzation) are also the same.

What is Distributed?

The word “distribute” is also used.
This is a major term in the music industry. There was a time when music was sold by asking people called distributors.
The word “distribute” is used to describe a person who passes the music through distribution, distributes, or disperses it.

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