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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News
pTokens has now listed Ethereum-compatible pLTC tokens on the Kyber Network.
You Can Now Trade Litecoin on the Ethereum Blockchain With Kyber
Helen Partz
2020-08-03T15:09:00+01:00
4283
News
Bitcoin a secure cryptocurrency, whereas Ethereum has been a “frontrunner” when it comes to smart contracts.
Blockstack CEO Says Bitcoin Is a Better DeFi Solution Than Most Think
Felipe Erazo
2020-08-01T13:30:00+01:00
9717
Opinion
Focusing on title tokens, a theory of smart laws, digital authorities and how to protect the system from digital dictatorship.
Title Token for Blockchain Estate Registry, Part 2
Oleksii Konashevych
2020-08-01T11:00:00+01:00
3151
News
A total of $4 billion in value is now locked in the DeFi markets, according to DefiPulse.com.
Total Value Locked in DeFi Hits New ATH of $4B
Helen Partz
2020-08-01T07:03:00+01:00
11012
Opinion
There’s no doubt noncustodial technology is the future — it’s just a question of when it enters the mainstream.
Noncustodial Technology and Security Is the Inevitable Future
Steven Quinn
2020-07-31T11:41:00+01:00
1996
Opinion
Ethereum celebrates its fifth anniversary but can’t seem to step out of Bitcoin’s shadow in the mainstream press.
Despite Its Success, Ethereum Doesn’t Get Media Attention It Deserves
Samantha Yap
2020-07-30T16:00:00+01:00
4629
Analysis
Industry observers say unchecked yield chasing may have negative consequences on the fledgling DeFi market.
DeFi Yield Farming Is Driving Adoption, but Stakeholders Urge Caution
Osato Avan-Nomayo
2020-07-27T17:35:00+01:00
11911
News
Law expert believes a governance structure where risks and rules are thought through is the key for enterprise blockchain to move ahead.
Clear Governance Key for Enterprise Blockchain to Move Forward
Ting Peng
2020-07-26T15:00:00+01:00
8384

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