Definition ∞ A decentralized decision is an outcome achieved through a distributed consensus mechanism, rather than by a single entity or centralized group. This method ensures that no individual party holds absolute control over critical protocol changes or operational parameters. Participants typically vote on proposals, with results determined by predefined rules. This approach maintains the network’s resistance to single points of control.
Context ∞ Reports on decentralized decision-making often highlight governance proposals, community votes, and their effects on protocol evolution. The integrity and fairness of these processes are frequently examined in crypto news. Achieving effective and efficient decentralized decision-making remains a central pursuit for many blockchain projects. The progression of these governance models is a key indicator of project maturity.
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