What is decentralization? Tokenview Blockchain Explorer
In a system with many nodes distributed, each node has a highly autonomous feature. Nodes can be freely connected to each other to form of a new connection unit. Any node can become a phased center, but does not have mandatory central control functions, and no single party controls data or information. The influence between nodes and nodes creates a nonlinear causal relationship through the network. This open, flat, and equal system phenomenon or structure is called decentralization. Each party on the blockchain has access to the entire database and its complete history. People can directly verify the records of their trading partners without the need for an intermediary.
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