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Decentralization is the future of finance, at least for the world’s cryptocurrency investors. There’s no question that decentralization holds many advantages over centralized organizational control; it’s one of the biggest reasons why cryptocurrency has gotten popular in the first place. But how exactly does decentralization work, and does it also hold drawbacks? What is Decentralization?Decentralized finance, otherwise known as DeFi, is all about moving away from centralized authorities and toward a distributed network of participants. So, for example, rather than having a single bank or cred…
