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Decentralized Development

Definition

Decentralized development refers to the creation and maintenance of software and protocols through a distributed network of contributors rather than a central authority. This approach leverages open-source principles and community governance, allowing participants worldwide to contribute code, propose changes, and vote on protocol upgrades. It reduces reliance on a single entity, enhancing censorship resistance and system resilience. Blockchain projects frequently employ this model to build and sustain their ecosystems.