Ethereum · question
Q.03 of 30
Explain the concept of decentralization in Ethereum.
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Decentralization in Ethereum means that no single entity controls the network. Instead, it's maintained by thousands of nodes worldwide.
Three types of decentralization:
- Architectural: No single point of failure (distributed nodes)
- Political: No single person/organization controls the system
- Logical: Shared state and protocols across all participants
Benefits include censorship resistance, reduced single points of failure, and increased security through distributed consensus.
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