Coinmonks
Published in

Coinmonks

Understanding Decentralization — What Makes A Truly Decentralized Blockchain?

Source: pixabay.com

Introduction

Blockchain is based on the concepts of decentralization. A decentralized network differs greatly from a centralized network in that, rather than having one server or one party in charge of all data or information, decentralized networks operate on a peer-to-peer basis, where users’ computers communicate and…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Wheatstones

Wheatstones

196 Followers

Digital Asset Management | Cryptocurrency & Blockchain | Cayman — London