What Is DECENTRALIZATION in Crypto, Exactly?? Explained in 3 mins
Рет қаралды 4,501
Күн бұрын“Decentralization” is a common term to hear in the cryptoverse. But what does it mean, really?
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Timestamps:
00:00 Intro
00:55 Security of blockchains
01:55 Blockchain Governance
02:29 Is it beneficial?
03:51 Outro
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#decentralized #decentralization #proofofwork #proofofstake #web3 #learncrypto #animation #cryptobeginners #trading #cryptocurrency #crypto #blockchain #coingecko
@CoinGecko 3 ай бұрын
Do you think decentralization is necessary in crypto? 🤔
@SkyWalker.45B 3 ай бұрын
It's not crypto if it's not decentralized. it's just TradFi and VC-Fi.
@chillgasm 3 ай бұрын
yes, it is. It's exactly why Cardano exists.
@jaredt1983 2 ай бұрын
It is absolutely most important! It's the only feature differentiating crypto from banks and CeFi. You need make a follow up video outlining Edinburgh Decentralisation Index - the only open source science based decentralisation metric to date.
@c.santiago3337 2 ай бұрын
Edinburgh Decentralisation Index has already come up with a base for a standard for measurment
@kayodeoladipupo5378 3 ай бұрын
Nice one.
@SkyWalker.45B 3 ай бұрын
Why not cover the Edinburgh Decentralisation Index?
@chillgasm 3 ай бұрын
Cardano is the most decentralized and is the most focused on decentralization. Not surprised you didnt mention it though. Just buy $ADA bro
@cryptojedii 2 ай бұрын
Cardano is old news
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