What’s the Big Deal About Decentralization?
It’s impossible to understand blockchain technology or to fully appreciate its potential impact without coming to grips with the concept of decentralization. The idea is wrapped up in the nature of the technology itself. They are as inseparable as sunlight and solar energy, or a stream and flowing water. In other words, one springs from the other.
Modern humans have no experience that can easily translate decentralization into something comprehensible because we’ve been so entrenched in the centralized command and control operations that have dominated Western civilization for millennia.
Nevertheless, decentralization is not new. Biblical scholars are familiar with the structure of a small ...
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