1/ #Decentralization in crypto is similar to socialism but in finance.
29 Nov 2023, 17:54
1/ #Decentralization in crypto is similar to socialism but in finance!
Without a single authority controlling everything, it becomes a system where power is distributed across a network of participants 🤝
Same news in other sources
2LimoverseLIMO #5482
29 Nov 2023, 17:54
6/
TL;DR: Decentralization in crypto is literally about giving power back to the people.
A long, overdue fundamental shift towards a more equal and distributed system, redefining finances in an ever-expanding digital age 🫡
DR: Decentralization in crypto is literally about giving power back to the people.
6/
TL;DR: Decentralization in crypto is literally about giving power back to the people.
A long, overdue fundamental shift towards a more equal and distributed system, redefining finances in an ever-expanding digital age 🫡
LimoverseLIMO #5482
29 Nov 2023, 17:54
5/
However, with all these positives, there are bound to be some negatives 🤷
Decentralization can have #scalability issues and require #consensus among participants for decision-making which can lead to slower transaction speeds in some cases ⏳
However, with all these positives, there are bound to be some negatives.
5/
However, with all these positives, there are bound to be some negatives 🤷
Decentralization can have #scalability issues and require #consensus among participants for decision-making which can lead to slower transaction speeds in some cases ⏳