Network decentralization refers to the distribution of control and decision-making power across multiple participants in a network, rather than concentrating it in a single entity. In blockchain systems, this means no single party has absolute authority over the network’s operation, transaction validation, or protocol changes. A higher degree of decentralization generally enhances censorship resistance, security, and resilience against single points of failure. It is a core tenet of many digital asset projects.
Context
Crypto news consistently discusses network decentralization as a fundamental characteristic and ongoing objective for blockchain protocols, often debating the true extent of decentralization in various projects. Metrics like validator distribution, node count, and governance participation are frequently analyzed to assess a network’s decentralization level. The pursuit of greater decentralization remains a critical factor for the long-term viability and integrity of digital asset ecosystems.
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