A decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More platform is a distributed systemA distributed system comprises a collection of independent computers that communicate with each other to share resources and coordinate activities. Read More that allows users to interactTesting an excerpt from within Definition One to see if it'll work. Read More with each other without the need for a central authorityA central authority is an entity that holds centralized control over something, such as a financial exchange, asset, or transaction.... Read More. Decentralized platforms are often more resilient and scalable than centralizedAn organizational structure wherein a small handful of actors have control over the entire network. In the context of bitcoin,... Read More ones, with load and resources distributed more efficiently.
