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- Dictionarydecentralization/ˌdiːsɛntrəlʌɪˈzeɪʃn/
noun
- 1. the transfer of control of an activity or organization to several local offices or authorities rather than one single one: "efforts to promote decentralization and reform of the national political party"
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Jan 19, 2024 · What Does Decentralization Mean in Blockchain? Decentralization is a core philosophy in the blockchain and cryptocurrency world. To learn why decentralization is important to public blockchains and cryptocurrencies, we need to understand why Bitcoin was created.
Decentralisation is referred to as a form of an organisational structure where there is the delegation of authority by the top management to the middle and lower levels of management in an organisation.
Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision-making, are distributed or delegated away from a central, authoritative location or group and given to smaller factions within it.
The meaning of DECENTRALIZATION is the dispersion or distribution of functions and powers; specifically, government : the delegation of power from a central authority to regional and local authorities. How to use decentralization in a sentence.
the act or process of decentralizing an organization or government (= moving control from a single place to several smaller ones): the decentralization of power. The reforms involved some limited decentralization of authority. See. decentralize. Fewer examples.
Decentralization is the process of shifting control from one main group to several smaller ones. The decentralization of government, for example, gives more power to the individual states, rather than concentrating it at the federal level.
the act or process of giving some of the power of a central government, organization, etc. to smaller parts or organizations around the country. the decentralization of power. Want to learn more?
