Applications that run on decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More peer-to-peer networks such as EthereumEthereum is an open-ended, decentralized, blockchain-based, public software platform that facilitates peer-to-peer contracts, known as Smart Contracts, as well as... Read More. Ethereum is one of the most popular platforms for developers to develop as it can store various types of information, making it viable for games, applications, or various tools to exist. Decentralized apps typically rely on a blockchain’s consensusConsensus is what allows a distributed system (like the blockchain) to function as a decentralized peer-to-peer system without the need... Read More to finalize transactions/requests, which eliminates centralizedAn organizational structure wherein a small handful of actors have control over the entire network. In the context of bitcoin,... Read More points of failure (eg. rogue bankers, failed servers).
