So you keep hearing “decentralised this” and “decentralised that”… but what does it actually mean?
Let’s break it down in a way that makes sense.
🏛️ Centralised vs. Decentralised
Imagine a centralised system like a castle.
There’s one big gate, one keyholder, and one place all decisions are made.
Now picture a decentralised village.
Everyone has their own little house.
No one controls the whole village.
They make decisions together, and everything’s spread out.
Crypto works like that village. 🏘️
👑 Why Centralised Systems Are Risky
Banks, social media platforms, and even governments rely on centralised control. That means:
We’ve all seen accounts frozen, data leaked, and systems crash.
When one entity has all the power — things can go sideways, fast.
🌐 Decentralisation in Crypto: How It Works
In crypto, power is spread across thousands (even millions) of users.
Instead of a bank keeping track of your money:
The blockchain does.
Everyone has a copy.
All changes are agreed upon by the network.
This makes it:
🔒 No One's the Boss — And That’s the Point
Decentralisation means:
Decentralisation puts the power back in your hands — not in the hands of some faceless institution.
🧩 But Wait… Are All Cryptos Really Decentralised?
Not always!
Some newer projects claim to be decentralised but are still run by a company or small group.
It’s good to ask:
Who makes the decisions?
Is the code open-source?
How many people actually validate transactions?
Some coins are more “decentralised-ish” than truly decentralised. Let's check that out now.
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