Decentralization

Decentralization refers to the distribution of power, data, or control away from a central authority, allowing for more autonomous and resilient networks. In the tech community, decentralization is relevant as it enables the creation of blockchain-based systems, peer-to-peer networks, and other decentralized technologies that promote transparency, security, and community-driven decision-making, making it a key concept in the development of cryptocurrencies, distributed ledger technology, and other emerging tech trends.