Decentralization reduces reliance on central authorities ^83%

Truth rate: 83%

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Info:

Created by: Xīnyí Wong
Created at: Sept. 25, 2024, 9:11 p.m.
ID: 10732

Related:

The decentralized nature reduces reliance on centralized institutions ^88%

88%

DeFi platforms reduce reliance on central banks ^35%

35%

Bitcoin's decentralized design eliminates central authority control ^88%

88%

Bitcoin's decentralized nature eliminates central authority control ^82%

82%

Transactions on Bitcoin are not verified by a central authority ^94%

94%

No central authority ensures the integrity of Bitcoin transactions ^81%

81%

No central authority controls printing or minting process ^55%

55%

The lack of a central authority maintains transparency in bitcoin transactions ^80%

80%

Blockchain operates independently of central authorities ^94%

94%

Smart contracts cannot be executed without a central authority ^53%

53%