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Showing posts from July, 2021

What is the Decentralized Web?

Do you know what is the decentralized web ? The decentralized web is a self-organizing federation of humans & machines that speak many evolving protocols and languages. The internet is amazing but not perfect. The way we shop, the way we learn, the way we engage with one another the internet changed all of that. Here at dWeb.info, we are putting together a directory of websites hosted on the decentralized web. We’ll also be providing regular blog posts, articles, and guides aimed at helping you understand the dWeb. The decentralized web and all the potential it offers awaits. Learn more about dWeb by exploring our website.

What is Decentralized Network and How does it Work?

Whenever there is a discussion about cryptocurrencies, a characteristic that is always mentioned is that they are decentralized. What is Decentralized Network & how is it beneficial? Today, we’re taking a closer look at decentralization.  In blockchain, decentralization means the transfer of control and decision-making from a centralized entity to a distributed network. Cryptocurrencies are the form of decentralized money.  Why is decentralization important?  The technology behind decentralization in Bitcoin and other cryptocurrencies is called blockchain. It provides every user the ability to serve as a node that checks the validity of transactions.  While blockchain technologies make use of decentralized networks, a blockchain application itself cannot be categorized simply as being decentralized or not. Decentralization is a sliding scale and should be applied to all aspects of a blockchain application. Decentralization typically has some tradeoffs, but ideal...