Decentralized

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.