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Decentralized Network Participation

Definition

Decentralized network participation refers to individuals or entities contributing to the operation and governance of a distributed ledger system. This involves various activities, such as running validator nodes, providing liquidity to decentralized exchanges, staking digital assets, or voting on protocol upgrades within a blockchain network. Such participation is essential for maintaining the security, integrity, and censorship resistance of decentralized systems, distributing control among many independent actors. It underpins the core principles of blockchain technology, preventing single points of failure.