Difference between revisions of "Decentralized"
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| − | [[Decentralized]] is a term that is badly missed used in the Web3 world to mean [[Distributed]], which is not what it means in English. | + | [[Decentralized]] is a term that is badly missed used in the [[Web3]] world to mean [[Distributed]], which is not what it means in English. |
==Examples== | ==Examples== | ||
Revision as of 14:26, 6 August 2023
Full Title or Meme
Decentralized is a term that is badly missed used in the Web3 world to mean Distributed, which is not what it means in English.
Examples
Decentralized applications (or dapps) is like a digital app found on any smartphone or laptop, with the additional feature of employing blockchain technology to keep users’ data out of the hands of the organizations behind it. Just like cryptocurrency is decentralized money, dapps are decentralized apps. The blockchain stores copies of its expanding stack of data on a large number of participating computers, known as “nodes,” all at once. These computers are owned by users, not by the creators of the dapp.
