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What is a decentralized network architecture?
They all rely on decentralized network architectures that provision the needed network, processing and storage assets close to consumers to deliver the expected high-level performance and responsiveness. Netflix stages content across content delivery networks to minimize buffering time and optimize streaming.Is a centralized system better than a decentralized system?
Improved scalability: Decentralized systems can be more scalable than centralized systems because adding new nodes to the network can help to distribute the workload and increase capacity. This can be particularly useful for large, complex systems that need to be able to handle high volumes of traffic or data.What is an example of a natural decentralized system?
One of the most well known examples of a "natural" decentralized system is one used by certain insect colonies. In these insect colonies, control is distributed among the homogeneous biological agents who act upon local information and local interactions to collectively create complex, global behaviour.What are the different stages of decentralization in a dao?
For example, many DAOs have various components at different stages of decentralization: oracles (i.e., third-party services that provide smart contracts with external information) may be partly decentralized, smart contracts might be fully centralized, while the governance process for adjusting parameters is community-driven and decentralized.