Decentralization News

Decentralization is the process of distributing and dispersing power away from a central authority. Most financial and governmental systems, which are currently in existence, are centralized, meaning that there is a single highest authority in charge of managing them, such as a central bank or state apparatus. There are several crucial disadvantages to this approach, stemming from the fact that any central authority also plays the role of a single point of failure in the system: any malfunction at the top of the hierarchy, whether unintentional or deliberate, inevitably has a negative effect on the entire system. Bitcoin was designed as a decentralized alternative to government money and therefore doesn't have any single point of failure, making it more resilient, efficient and democratic. Its underlying technology, the Blockchain, is what allows for this decentralization, as it offers every single user an opportunity to become one of the network's many payment processors. Since Bitcoin's appearance, many other cryptocurrencies, or altcoins, have appeared, and most of the times they also use the Blockchain in order to achieve some degree of decentralization.

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Opinion
Blockchain is an amazing technology, but there are pros and cons to its mass adoption. Let’s have a look at both perspectives.
Is Blockchain Necessary? An Unbiased Perspective
Abhinav Girdhar
2020-04-03T08:37:00+01:00
News
Bison Trails has announced it will support NuCypher’s protocol and that users can run nodes through the network.
Bison Trails Provides Support for NuCypher Protocol
Felipe Erazo
2020-04-03T01:58:00+01:00
Opinion
Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic.
How the Pressures of the Coronavirus May Open the Door for Tokenization
Victor Zhang
2020-04-02T19:11:00+01:00
Analysis
It is still too early to gauge the impact of QE on crypto, says Mati Greenspan. “The initial shock of the global economy grinding to a halt” is still too fresh.
Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto
Andrew Singer
2020-04-01T16:29:00+01:00
Interview
CZ of Binance talks Bitcoin price, halving and decentralization in Cointelegraph China’s HUB.
CZ Talks Bitcoin Price After Halving, Coronavirus and Binance Decentralization
Cointelegraph
2020-03-31T18:26:00+01:00
News
The coronavirus lockdown has not stopped the annual Coinfest Conference, which has relocated to the digital realm of Decentraland for a week of games, art, priz...
Crypto Conference Defies COVID-19 Lockdown by Hosting in Virtual Realm
Greg Thomson
2020-03-31T13:50:00+01:00
News
The Celsius Network has begun using Chainlink’s price data feed oracles while offering treasury management services to the oracle platform.
Celsius Partners With Chainlink to Decentralize Price Data
Michael Kapilkov
2020-03-30T14:00:00+01:00
News
Malta University used a voting Dapp built by students to conduct elections in spite of the coronavirus lockdown.
University Students Harness Blockchain for Elections Amid Lockdown
Samuel Haig
2020-03-30T02:00:00+01:00

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