[Decentralization] - Crypto Academy S5 - Homework Post for task 4

(2) Define decentralization. Describe the advantages and disadvantages of a decentralized system. In what areas of life can a decentralized blockchain be helpful? (write in own words)

Define decentralization.

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decentralization Let's start this word with the purpose of reading the word of the iceology, with the prefix "Dis" provides alternative intentions for that word and "central" tells that it is within the center or a part of one thing is necessary Including the word "decentralization" is referred to the option of centralization, it refers to be out of a middle or the next authority.

Decentralization can be a system where there is freedom of management anywhere, there is no completely authorization that handles everything (in case of centralization), during this system Square measures are fully handled separately.

As an example we can understand in the form of centralization, a corporation that is the owner and says it, it is that the central purpose or the most authorization, the employee of this company works under the order of this right, under its rules and these employees are unwanted company.

It has been blamed for everyone and is free to do its work while not expecting approval or rejection from any authorization.

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Decentralization is gifts in Blockchain, every member of Blockchain has to blame for its content, is the freedom of creation and is not governed by the next authority. Despite not counting on the central unit, the information here is protected by cryptography.

Describe the advantages and disadvantages of a decentralized system.

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Advantages

1- It offers sharp options to create members.

2- This technique is safe and safe as a result of the shopkeeper. Buyer | Protector} It is that manageers of their own system and therefore have full control over their information of the consumer.

3- There is no one in the situation of regulating any shopkeeper and re-edit. Completely shopkeepers will modify and edit your information. So, it can be completely safe from hackers.

4- Dap is your personal and strongest and safe system that protects the information of the patron. One of the most prominent options of DAPP is that buyers will negotiate with the action of any group while any rights in any corner of the world are not allowed, which is the fastest method. Users will work within DAPP so that they can get with high capacity and determination.

5- Everyone will receive their system to urge additional awards and will get to meet people here. As a result of this technique, Square measures of hacking are approximately 1/3 possibilities are controlled by the most prominent powerful algorithms and the most powerful security Blockchain

Disadvantages

1-No work guidelines established

2- In the absence of authority, not having rules established by the central point can lead to improper use of the system

3-Clutter may occur as each user works separately

4- Material quality may be poor due to not having model structure

5- With regard to payment system with this system, while doing transaction, great care must be taken not to do it wrongly, because the other person has no identity, your money could not be recovered.

In what areas of life can a decentralized blockchain be helpful? (write in own words)

Education

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There is a lack of transparency within the education and it is not what it does not use. The data of the scholar region unit is just tampered and establishment full management. Although with decentralization, the fundamental information of the person is fully displayed with any manipulation.

Politics

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Politics issue of corruption, inauguration separately. And many Other vices area unit is very popular in modern states, which has serious injury to many states. Transparency of Presidency Operations can be a significant resolution and it can be offered completely redistributed system.

Health sector

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it is in the form of necessary area or business which is very important for the area unit. A redistributed system will build it for easy communication with patients for health workers and medicines because everyone is transporter with the health of patients going to Sanatorium. Doctors will discuss related to the reasons for mixed effects and diseases with any obstacle as the results of decentralization. It can facilitate construction between instant access and communication for everyone between each doctors and patients.

Banking

Bank Area Unit Establishment which keeps large amounts of cash for different persons. It may require completely management and maintenance.

Decentralization It will be very easy because as a result, people will help keep their property. It can be done with all those who are the main pins that do not reach anyone to open their accounts. As a rapid behavior in a redistributed system field unit transaction, it can make it very safe and secure.

Conclusion

I have come back to the conclusion that the positive use of the decentralization system can modify our lives and we will further and negotiate cash during the government. Permission. This technique contains a stack of profit which can solve monetary problems. All of the most important functions and options of the decentralization system is to manage customers on their transactions.