Defining decentralization

[bornforfreedom]

One of the best reads about decentralization by the CEO of Havven, Kain Warwick: https://blog.havven.io/defining-decentralisation-60afa00efa2a

Thoughts??

[usekevin]

One of the best reads about decentralization by the CEO of Havven, Kain Warwick: https://blog.havven.io/defining-decentralisation-60afa00efa2a

Thoughts??

Decentralised means it doesn't depend on another for the raise in price. Bitcoin is decentralised nature,it value is not controlled by any individual.Bitcoin is survived more than 9 years because of decentralised behaviour.Now some of coin had decentralised behaviour,all it's had own value.

[bttmember]

I think it is more fair to say that blockchain technology is aimed at borderless, efficient, automated and advanced services and solutions and that too without the intervention of anyone, this is the basic concept of decentralization here, so decentralization is a broad term when it is posted with regards to blockchain technology.

[rmilly]

All I have to say is that the article you shared was very insightful. Kain is right. the term is so loose nowadays.