DecentralizationThe principle of distributing power away from a central point. Blockchains are traditionally decentralized because they require majority approval from... Read More, an aspect of blockchainA blockchain is a distributed database that is shared among the nodes of a computer network. Read More technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows for more democratic and transparent decision-making, increased security, and resilience against attacks.
See https://www.merriam-webster.com/dictionary/decentralization [Merriam-Webster]
See https://aws.amazon.com/blockchain/decentralization-in-blockchain [AWS]
