Decentralization is the distribution of power and control from a central authority to the participants of the network. In cryptocurrencies, this means the absence of intermediaries (banks, governments), which ensures:
Direct control over funds by the user 🔐
Resistance to censorship and blocking 🔒
Transparency through blockchain technology 🔍
Global accessibility without geographical limitations 🌍
Example — $BTC
Bitcoin: the network operates without a central authority, and all transactions are confirmed by miners in a distributed network. This makes it independent and resilient.
Decentralization is the key to financial freedom and a new perspective on trust in the digital age.