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Decentralised

Decentralised

Definition:

A way of operating without being governed by a central authority. Instead, the system is spread across multiple points of authority. For example, a peer-to-peer network.

Degen Chat

“The voting system for the LINKED collection is moving from a centralised panel towards a fully decentralised panel with 1000 artists.”

Related Terms:
  • Dictionary: BSC
  • Dictionary: dApp
  • Dictionary: DeFi
  • Dictionary: Ethereum
  • Dictionary: Off-chain
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    ShowUps - Web3 for Creators - 2023