Most of us are well aware of the concept of decentralized systems. However, amidst the hype over applications, we may not dive into the contextuality of those applications. This time, I’d like to share a curious presentation by Vitalik Buterin, who puts decentralization into context, explaining different kinds of decentralization and why they make sense in one area and don’t in others.
The Advantages of Decentralization by Vitalik Buterin
In his presentation on the advantages of decentralization, Buterin provides:
- A definition of decentralization
- Why decentralize
- Types of decentralization
- Benefits of various types of decentralization depending on the application case
- Charts, examples, examples, and more examples
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