Imagine a classroom without any teacher supervision, that’s exactly what a Decentralized Network is. It means separate but connected. To deep dive further into it, it is a conglomerate of entities who are connected, but separate and communicate with one and other without a central authority or server. It is poles apart from the centralized system that has central governance. The ideal example of a Decentralized network is the Blockchains. The data ledger works like a chit that is distributed amongst the nodes or participants which must achieve agreement on the content of the data for the network functionality. Did you know? With zero point of authority, network like Blockchains has lesser chances of failure. Contrary to one bad apple that can ruin a basket full of apples, a single damaged node cannot undermine the blockchain as a whole.
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