Centralization vs decentralization networks

Centralized networks are systems in which a single point of control or authority manages the network, while decentralized networks are systems in which participants can validate and record transactions without intermediaries. Centralized networks are typically more efficient and easier to manage, but they present security risks and are vulnerable to hacking and other forms of attack. Decentralized networks, on the other hand, promote trust and transparency, but are more complex and difficult to manage. Blockchain technology is an example of a decentralized network that allows secure and transparent transactions without intermediaries.