- Published on
Why Decentralization Matters in Blockchain
- Authors
- Name
- Argwings Mugendi
- @BuiltBySisi
Why Decentralization Matters in Blockchain
Decentralization ensures trust, security, and censorship resistance in blockchain networks.
Benefits of Decentralization:
- Security: Reduces single points of failure.
- Transparency: Open ledger for all participants.
- Censorship Resistance: No single entity controls transactions.
- Scalability: Distributed networks can grow efficiently.
Hedera follows a governing council model, ensuring decentralized yet highly efficient network operations.