Decentralized Physical Networks

Definition ∞ Decentralized Physical Networks represent infrastructure systems that are not controlled by a single entity but are instead operated and maintained by a distributed network of participants. Examples include decentralized wireless networks, decentralized storage solutions, and sensor networks powered by blockchain technology. These networks aim to provide services that are more resilient and censorship-resistant than traditional centralized models.
Context ∞ The development of Decentralized Physical Networks is a burgeoning area within the crypto industry, promising to reshape sectors like telecommunications and data storage. Current debates focus on their economic viability, scalability challenges, and the regulatory hurdles they face. News often highlights pilot projects and partnerships aimed at deploying these novel infrastructure paradigms.