Cryptocurrency Q&A What is the difference between blockchain and decentralization?

What is the difference between blockchain and decentralization?

Caterina Caterina Thu Dec 19 2024 | 7 answers 1661
I'm trying to understand the distinction between blockchain and decentralization. I know they are often discussed together, but I want to clarify the specific differences between these two concepts. What is the difference between blockchain and decentralization?

7 answers

CryptoPioneerGuard CryptoPioneerGuard Sat Dec 21 2024
Blockchain decentralization represents a fundamental shift in control and decision-making.

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Margherita Margherita Fri Dec 20 2024
It does so by leveraging a distributed network of participants.

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CharmedFantasy CharmedFantasy Fri Dec 20 2024
Transparency is a key aspect of decentralized blockchain networks.

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MysticRainbow MysticRainbow Fri Dec 20 2024
In a traditional setup, these functions are often centralized within a single entity.

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Andrea Andrea Fri Dec 20 2024
This entity could be an individual, an organization, or even a group.

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