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Decentralized vs Centralized

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DECENTRALIZED VS CENTRALIZED

Decentralized

 

Decentralized is the transfer of control of an activity or organization to several authorities rather than one single one. This also means less censorship & redundancy.

 

PROS:

 

+ More Secure

+ Redundancy

+ Control stays with the user

 

 

 

Centralized

 

Centralized is controlled by a single authority or managed in one place. In a centralized system, there are more chances that information can be censored and has a single point of failure if a system goes down.

 

CONS:

 

- Less Secure

- Single point of failure

- Full control from central

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Cariss Lawrence, Crypto Influencer

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