Decentralized Networks

Definition ∞ Decentralized networks are systems where control and decision-making are distributed among multiple participants rather than concentrated in a single authority. These networks often rely on distributed ledger technology, such as blockchains, to maintain consensus and security. They offer greater resilience and censorship resistance compared to centralized systems.
Context ∞ The ongoing evolution of decentralized networks is a primary focus in crypto news, particularly concerning scalability solutions, interoperability between different chains, and the governance mechanisms of decentralized autonomous organizations (DAOs). A significant debate revolves around achieving robust decentralization while maintaining efficient network performance. Future developments will likely concentrate on enhancing user experience and security across diverse decentralized infrastructures.