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Designing a practical framework for decentralisation
Decentralisation is a way of classifying how a system operates. In general, a system that is ‘decentralised’ operates through a series of rules that coordinate the contributions of individual components, or nodes. These nodes are self-organised, and interactions among nodes collectively achieve the system’s goal without the need for a central guiding or authoritative entity. As such, each node contributes to the purpose of the system and one node or component cannot operate the system independently. Decentralisation does not imply a lack of order or structure simply because the network has no reliance on a ... (full story)
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- Posted: Sep 19, 2023 9:45am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 238
