Phrases with «decentralised network»

A decentralised network refers to a system where multiple computers, also known as nodes, are spread out across different locations and work together to function as a network. In this network, no single authority or central entity controls all the data or operations. Instead, decisions and actions are made collectively by all the nodes, ensuring a more democratic and distributed structure. This type of network is often used to enhance security, increase efficiency, and promote transparency in various digital applications. Full definition

Sentences with «decentralised network»

  • There, drug sales can take place within marketplaces, within decentralised networks and between individuals.» (politics.co.uk)
  • If you're using Ethereum - based decentralised applications (Dapps), such as games or an insurance service, or you're using bitcoin - based applications, or a different decentralised network, you always have to rely on a key that allows you to access the service. (cryptonews.com)
  • Waves also wants to allow for faster value transfers and trades than is possible on most decentralised networks. (coinbureau.com)
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