Decentralization

What is it?

In today’s world, our businesses, our money, our games, our social networks, our mailboxes, and all our children’s photos and personal documents are all primarily digital. All the digital logins and passwords that allow us to access our most important stuff are held by the various companies offering those services. The “stuff itself” - all the bits and and bytes of your life - are largely stored under two or three massive web umbrellas, like Google or AWS.

The concept of decentralization is just the idea of organizing that stuff in a different way. Instead of a few massive web giants doing all the digital work, thousands of independent participants share responsibility across a…