Decentralized Data Network

Definition ∞ A decentralized data network is a distributed system where data storage and access are managed without a central authority. Participants contribute resources to store and retrieve data, ensuring censorship resistance and enhanced availability. This architecture contrasts with traditional centralized databases, offering greater security and autonomy for data control. It forms a fundamental component for many Web3 applications.
Context ∞ Decentralized data networks are a significant area of innovation in blockchain and digital assets, addressing concerns about data ownership and privacy. News often covers new protocols or storage solutions aiming to offer scalable and secure alternatives to centralized cloud services. The development of these networks is essential for the progression of a truly decentralized internet, impacting how digital assets interact with real-world information.