Blockchain Fundamentals

Decentralized

Control is spread across many independent participants, so no single party can unilaterally change the rules. It is a spectrum, not a switch, and many projects that call themselves decentralized still rely on a few key operators or token holders.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.