#BybitSecurityBreach Decentralization: The Soul of the Crypto Space ๐๐
The basic principle of the crypto world is decentralization, the driving force that makes the crypto space unique. Unlike centralized systems, decentralization means that control is not in the hands of a single entity. This approach offers several key advantages:
Transparency and Trust ๐๐ค
When decisions and transactions are verified across multiple independent nodes, transparency and accountability increase. This builds trust and clarity among users.