Decentralization

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Revision as of 18:09, 9 April 2023 by Craig Calcaterra (talk | contribs) (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. 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), smart contracts.

Properties

Decentralization

Measures of decentralization