What is Decentralization?

Decentralization in crypto means no single entity (government, company, or individual) has full control over a network, ensuring fairness, security, and censorship resistance. Instead, power is distributed among many participants.

Decentralization is a core principle of many cryptocurrencies, providing a level of trust and security by distributing power among participants. It ensures that no single entity can manipulate the network, promoting transparency and censorship resistance.