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Decentralized: meaning, definitions and examples

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decentralized

 

[ diːˈsΙ›ntrΙ™laΙͺzd ]

Adjective
Context #1 | Adjective

system organization

Decentralized refers to a system where control, authority, or decision-making is distributed away from a central location or authority. In a decentralized system, multiple entities operate independently without a singular governing body, allowing for increased flexibility and responsiveness. This approach is often used in various fields such as government, technology, and economics to facilitate participation and reduce the risks of centralized power.

Synonyms

dispersed, distributed, scaled, segmented.

Examples of usage

  • The decentralized network improved data security.
  • Decentralized finance is gaining popularity among investors.
  • They opted for a decentralized management approach.

Etymology

The term 'decentralized' has its roots in the prefix 'de-' meaning 'opposite of' or 'removal' and 'centralized,' which comes from 'central' derived from the Latin word 'centrum', meaning 'center'. The usage of 'decentralized' emerged primarily in political and economic discussions during the 20th century, particularly in relation to governance and organizational structures. As technology advanced, especially with the rise of the internet and blockchain, the term found new significance in describing networks that operate on principles of distributed authority, enhancing privacy, democratization, and resilience against failures. This broader application highlights its importance in contemporary discourse surrounding technology and social organization.

Word Frequency Rank

At position #13,241, this word is part of sophisticated English vocabulary. It's useful for academic or professional contexts where precise language is needed.