Definition ∞ Decentralized computing services refer to computing resources and processing power that are distributed across a network of independent nodes rather than being managed by a single central entity. These services leverage blockchain or distributed ledger technology to provide verifiable and resilient computation. They offer an alternative to traditional cloud computing models.
Context ∞ The state of decentralized computing services is characterized by ongoing efforts to improve performance, cost-efficiency, and ease of use. A key discussion involves balancing the benefits of censorship resistance and fault tolerance with the current limitations in speed and computational capacity compared to centralized alternatives. Future developments are focused on specialized hardware and software optimizations to expand their practical applications.