cryptocurrency
decentralization
The distribution of functions and powers from a central authority to smaller, independent entities.
Example
"Bitcoin's decentralization means no single bank or government controls it."
💡 Memory Tip
DE-central-ization — remove the CENTER of control. Power spreads to many instead of one.
Etymology
De (away from) + central + -ization — moving power away from a central point.
Common Misspellings
decentralizationdescentralizationdecentralizatondecentralisation
Related Terms
See Also
peer-to-peer