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Decentralization ideology

In cryptosphere, decentralization is a fundamental idea. It refers to the notion that decision-making should be spread out among a group of participants rather than being governed by a single, centralized authority. Decentralization is thought to increase autonomy, transparency, and creativity while decreasing the possibility of censorship, corruption, and single points of failure.

Decentralization relies on blockchain technology, which allows a decentralized network of nodes to validate transactions and keep a secure record of all them, avoiding the need for central control.