Blockchain Quick Reference
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Principles of decentralized systems

Like distributed systems, decentralization is a sliding scale more than an absolute state of being. To judge how decentralized a system is, there are a number of factors to consider. We're going to look at factors that have particular relevance to blockchain and decentralized applications and organizations. They are the following:

  • Open access
  • Non-hierarchy
  • Diversity
  • Transparency of operation