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What is Decentralization, and Why Does it Matter

Decentralizationu00a0distributesu00a0data, assets, and decision-makingu00a0amongu00a0severalu00a0nodes or participantsu00a0rather thanu00a0a central authority. Traditional financial systemsu00a0includeu00a0theu00a0managementu00a0ofu00a0transactions,u00a0enforcingu00a0rules, andu00a0securingu00a0investmentsu00a0by banks or stock exchanges. Whileu00a0suchu00a0systemsu00a0presentu00a0someu00a0benefits, theyu00a0bring hugeu00a0risksu00a0likeu00a0hacking, systemicu00a0failure, and corruption.<br>

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What is Decentralization, and Why Does it Matter

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