Decentralization: Difference between revisions
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(Created page with "Decentralization is the opposite of centralization. Decentralization is the property that describes how widely the power of decision-making is distributed across an organization. A perfectly centralized organization would have all the ultimate decision-making power concentrated in a single member, the leader. A perfectly decentralized organization would have equal decision-making amongst all members--a perfect democracy. Creating organizat...") |
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Decentralization is the opposite of centralization. [[wikipedia:Decentralization|Decentralization]] is the property that describes how widely the power of decision-making is distributed across an organization. A perfectly centralized organization would have all the ultimate decision-making power concentrated in a single member, the leader. A perfectly decentralized organization would have equal decision-making amongst all members--a perfect democracy. | Decentralization is the opposite of centralization. [[wikipedia:Decentralization|Decentralization]] is the property that describes how widely the power of decision-making is distributed across an organization. A perfectly centralized organization would have all the ultimate decision-making power concentrated in a single member, the leader. A perfectly decentralized organization would have equal decision-making amongst all members--a perfect democracy. | ||
Creating organizations which are decentralized (DAOs) is the primary goal of the [[DAO Governance Framework project|DGF Project]]. Decentraliation is practically enabled through the use of [[P2P technology|P2P]] tools of blockchains, distributed hash tables (DHTs), smart contracts. | Creating organizations which are decentralized (DAOs) is the primary goal of the [[DAO Governance Framework project|DGF Project]]. Decentraliation is practically enabled through the use of [[P2P technology|P2P]] tools of blockchains, distributed hash tables (DHTs), and smart contracts. | ||
== Properties == | == Properties == | ||
Revision as of 17:09, 9 April 2023
Decentralization is the opposite of centralization. Decentralization is the property that describes how widely the power of decision-making is distributed across an organization. A perfectly centralized organization would have all the ultimate decision-making power concentrated in a single member, the leader. A perfectly decentralized organization would have equal decision-making amongst all members--a perfect democracy.
Creating organizations which are decentralized (DAOs) is the primary goal of the DGF Project. Decentraliation is practically enabled through the use of P2P tools of blockchains, distributed hash tables (DHTs), and smart contracts.
Properties
Decentralization