decentralized

/diːˈsɛntrəlaɪzd/

distributed across multiple locations or entities

Blockchain technology is decentralized, meaning no single entity controls it.

This means the system operates without a central authority.

Technology

technical

Distributed across multiple locations or entities, with no central authority or control point.

A decentralized network ensures that data is stored across many nodes, improving security and resilience.

This makes the system more resistant to attacks or failures.

Common in blockchain, peer-to-peer systems, and distributed computing.

Finance

A system or organization where decision-making and control are spread out rather than concentrated in a single place.

Decentralized finance (DeFi) allows users to transact without traditional banks.

This reduces reliance on intermediaries.

Often used in cryptocurrency and financial technology discussions.

Collocations

decentralized systema network or structure without a central authoritydecentralized organizationa group or company with distributed decision-making

financial services using blockchain without banks

an organization governed by smart contracts

In tech, it refers to networks; in finance, it describes alternative financial systems.

Use 'decentralized' only when referring to systems without central control.

From 'de-' (reverse) + 'centralized' (concentrated in one place). Popularized in computing and finance.

In technology, it often refers to networks like blockchain. In finance, it describes systems like DeFi.

de-

reverse or opposite

prefix

centralized

concentrated in one place

root

English Dictionary