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12/11/2023

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Understanding The Benefits Of Decentralization - Part I

The adoption of blockchain technologies is slower than many expected. In the efforts of people to deliver more attractive services for users, the most important thing is often forgotten, i.e. decentralization.

Understanding The Benefits Of Decentralization - Part I

The adoption of blockchain technologies is slower than many expected. In the efforts of people to deliver more attractive services for users, the most important thing is often forgotten, i.e. decentralization. 

Many projects even sacrificed decentralization for higher TPS. It's important to remind people of the importance of decentralization and to know what characteristics distinguish blockchain from traditional financial services. 

This article will explain the properties of decentralization and its benefits to newbies. We will focus on the most important ones. The article will be divided into two parts. In the second part, we will consider whether people are interested in the described benefits and why adoption is slow. 

Self-custody And Peer-To-Peer Interaction Self-custody and Read article: Understanding The Benefits Of Decentralization - Part I

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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