Nigeria
2025-01-30 18:02
IndustryWhy is decentralization so important?
#firstdealofthenewyearFateema
* Reduced censorship and control: In a decentralized system, no single entity can control or censor transactions. This makes it incredibly difficult for governments or other institutions to freeze accounts, block payments, or otherwise interfere with the flow of funds.
* Increased security and resilience: Because the network is distributed, there is no single point of failure. If one computer goes down, the network continues to function. This makes decentralized systems far more resistant to attacks and manipulation.
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Why is decentralization so important?
Nigeria | 2025-01-30 18:02
#firstdealofthenewyearFateema
* Reduced censorship and control: In a decentralized system, no single entity can control or censor transactions. This makes it incredibly difficult for governments or other institutions to freeze accounts, block payments, or otherwise interfere with the flow of funds.
* Increased security and resilience: Because the network is distributed, there is no single point of failure. If one computer goes down, the network continues to function. This makes decentralized systems far more resistant to attacks and manipulation.
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