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Norman L. Johnson writes that diversity plays an important role in decentralized systems like ecosystems, social groups, large organizations, political systems. "Diversity is defined to be unique properties of entities, agents, or individuals that are not shared by the larger group, population, structure.
One of the most well known examples of a "natural" decentralized system is one used by certain insect colonies. In these insect colonies, control is distributed among the homogeneous biological agents who act upon local information and local interactions to collectively create complex, global behaviour.
Decentralized decision-making also contributes to the core knowledge of group intelligence and crowd wisdom, often in a subconscious way à la Carl Jung's collective unconscious. Decision theory is a method of deductive reasoning based on formal probability and deductive reasoning models.
DeFi — short for decentralized finance — is a new vision of banking and financial services that is based on peer-to-peer payments through blockchain technology. Via blockchain, DeFi allows ...
Greater centralization of the Bitcoin network may be required if Bitcoin is ever going to tip into the mainstream.
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This is an accepted version of this page This is the latest accepted revision, reviewed on 11 January 2025. Granting of some competences of central government to local government This article is about the form of government. For other uses, see Devolution (disambiguation). "Devolved parliament" redirects here. For the painting, see Devolved Parliament (Banksy). See also: Subsidiarity and ...
The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. There is a sizable overlap between the ...