This story was originally published on HackerNoon at: https://hackernoon.com/decentralization-vs-democracy-in-crypto-are-they-the-same-thing.
Decentralization and democracy aren’t the same, but they shape how crypto communities work. Learn the differences and what to check in any project.
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Decentralization refers to the distribution of power and infrastructure. Architectural decentralization addresses how many independent machines form the backbone of the network. Political decentralization indicates how many individuals or groups possess the power to make decisions that influence the operation of the system.