A decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More network is one in which each nodeA computer that connects to a blockchain network. Read More or device operates independently, without the need for centralAn organizational structure wherein a small handful of actors have control over the entire network. In the context of bitcoin,... Read More control. This network type improves reliability and security with no single point of failure inherent to its structure.
