Decentralized
Decentralization means that a system operates without a central authority, allowing many independent participants to work together towards a common goal.
More terms under D
- Death CrossA death cross is a signal that suggests a possible drop in a cryptocurrency's price. It happens when the average price over the last 50 days goes below the…
- Decentralization MaximalismDecentralization maximalism is the belief that the best way to manage systems, like cryptocurrencies, is to have no central authority at all. This view holds…
- Decentralization RatioThe Decentralization Ratio (DR) measures how much of the value backing a stablecoin comes from decentralized sources compared to the total amount of that…
- Decentralized API (dAPI)Decentralized APIs (dAPIs) are services that allow different applications to communicate with each other using blockchain technology. They are part of the API3…
- Decentralized Applications (DApps)Decentralized applications, or DApps, are programs that run on a network of computers instead of a single server, making them more secure and less likely to…
- Decentralized Autonomous Initial Coin Offerings (DAICO)A DAICO is a way for projects to raise money in a decentralized manner. It allows contributors to have a say in how the project is managed and gives them the…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.