Crypto decentralization

in Steem4Bloggers22 hours ago

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Assalam o alaikum hoppe so all steemian fellows all will be fine today am exciting to the participating of contest this is organized by @khursheedanwar today am very hopefully you are the all doing well. today am very participated to in a contest but that exploring to how decentralized networkes & achieves agreement & effect to the governanse of cryptocurencies.so lets start the challange ..

  • This is the Decentralizing to the networking to are the foundation of blocks chain technology on the where power is distributing to the among many participants alternatively of a single autharity. This decentralizing to the nature required on the originally to the mechanismes for decissionon a creating to and governancse.

How decentralized network achieve consensus?

The decentralizing to the networking to use agreement on a mechanisms to ensuring to all participants agrees on the blockchain on the state the comon methods to use including ...

Proof of the Work

The Minners solve puzlles to confirm to the transections on the enssuring to the securitys on the through on the calculation to the efforts.

Proof of the support

Vallidators are choosen basing to on the amount they stake on the ofering an energy to the eficient allternative to PoW.

Delegating Proof of Stake

Stake THE holders vote for delegates who vaLlidate transections on balancing eficiency with decentralization.

These methods are allowing decentralizing networking to maintains on the security and reliabillity without a central authorities.

How decentralized network impacts governance of crypto?

This is the decentralizing to the networks commission to the comunity in governance on the creating to the decisions on a creating to more transparents and democratics.the users to can vote on protocoll changing on a upp grades & other key decissions. while to this promoting on fairnes & transparencys to it also give on a dare to like agree to & the risk of governance atacks.

✨✨✨✨✨✨✨✨✨✨✨✨✨

At the end of post am inviting to the fellows so am invite to call @stef1 , @wuddi & @genomil ...

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