Blockchains have some degree of centralization 80%

Truth rate: 80%
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Blockchains have some degree of centralization
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  • Created by: whysage
  • Created at: Jan. 11, 2025, 3:26 p.m.
  • ID: 17676
Related:
Blockchain lacks centralized control, leading to security risks 50%
50%
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Blockchain operates independently of central authorities 94%
94%
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Centralized control can undermine blockchain's decentralized nature 59%
59%
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Central authorities cannot intervene in blockchain transactions 91%
91%
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Centralized systems do not utilize blockchain technology 62%
62%
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Centralized control is inherent in some blockchain implementations 63%
63%
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Centralized systems pose a significant threat to blockchain's integrity 76%
76%
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Centralization is a major concern with private blockchains 85%
85%
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Centralized control undermines the decentralized nature of blockchain 58%
58%
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Central authorities control all transactions on the blockchain 28%
28%
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