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Decentralization, explained in 3 minutes. 🫡 Today, let's revisit the fundamentals to understand the concept of decentralization and how blockchain governance works. Watch the full video:

24,383 просмотров • 2 лет назад •via X (Twitter)

Комментарии: 24

Фото профиля $FRGX Finance
$FRGX Finance2 лет назад

Great explanation🔥 Thanks 💚

Фото профиля UnderstandBTC
UnderstandBTC1 год назад

Why is everyone talking about Bitcoin? Governments, Companies, your neighbors, your kids. What is it? We can help you Understand Bitcoin in a easy, convenient, thorough 1-on-1 overview.

Фото профиля edsttm🍌
edsttm🍌2 лет назад

Three seconds explanation, the secret to getting rich in 2024: Hold and All In #BRC20 $rats

Фото профиля Sweep
Sweep2 лет назад

Great video! Good way to onboard new folks

Фото профиля CryptoNate.333
CryptoNate.3332 лет назад

@OxNumber

Фото профиля Ashlay Joe
Ashlay Joe2 лет назад

Insightful🙌🙌

Фото профиля Fin4DAO
Fin4DAO2 лет назад

Liking this far more than the price tweets!

Фото профиля CNBIDEN
CNBIDEN2 лет назад

looks like you're making it pretty clear about where you stand politically with the coins you put in Politi-FI... 😕😕

Фото профиля SuperKai
SuperKai2 лет назад

Great video!

Фото профиля ReverofAnalos
ReverofAnalos2 лет назад

THE DUCK WILL F*CK‼️ $DONALD @realDonaldonSol

Фото профиля Chris
Chris2 лет назад

Explained

Фото профиля w.sol
w.sol2 лет назад

w

Фото профиля Tothemoon
Tothemoon2 лет назад

Easy!

Фото профиля Blazing Phoenix
Blazing Phoenix2 лет назад

Helpful explanation Thank you ❤️

Фото профиля Genevieve
Genevieve2 лет назад

I'm absolutely thrilled to have received this airdrop!

Фото профиля superentoy.sui (Ø,G)
superentoy.sui (Ø,G)2 лет назад

wen coingecko decentralization?

Фото профиля 阿里巴巴
阿里巴巴2 лет назад

Yo, decentralization be like... no boss, just the people! 🚀🌌

Фото профиля Quacks
Quacks2 лет назад

Coool

Фото профиля SatCat
SatCat2 лет назад

Thanks for the easy explanation

Фото профиля HannaLove
HannaLove2 лет назад

🙌🏼

Фото профиля tiara nicole suggs
tiara nicole suggs2 лет назад

Decentralization: Because sometimes you just want to be your own boss. 💼

Фото профиля Jiggle
Jiggle2 лет назад

Fantastic resource, thank you for providing this! 🧠

Фото профиля Rex
Rex2 лет назад

@FRGXfinance Lllllllllllllllllllllll

Фото профиля CryptoHacker |PublicAI Lingo ❄️🐯 $RVV .fuel
CryptoHacker |PublicAI Lingo ❄️🐯 $RVV .fuel2 лет назад

@PublicAI_ #Web3

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A blockchain project can be designed to be 100% technically decentralized, but if a single developer or a team within a single country controls the development and decision-making, the project may not be fully decentralized in terms of governance and decision-making. ## Differences between technical decentralization and governance decentralization - *Technical decentralization*: The blockchain project uses decentralized technology, such as distributed ledgers, to ensure transparency and security. - *Governance decentralization*: The blockchain project is managed and decided by a decentralized community, not by a single individual or organization. ## Conditions for a blockchain project to be considered decentralized For a blockchain project to be considered truly decentralized, it needs to meet both conditions: - *Technical decentralization*: Uses decentralized technology to ensure transparency and security. - *Decentralized governance*: Managed and decided by a decentralized community, with transparent and fair decision-making mechanisms. If a blockchain project only meets one of the above two conditions, it may not be fully decentralized. ## Building a 100% Decentralized Ecosystem: A New Model for the Future In the context of rapidly developing blockchain technology, building a 100% decentralized ecosystem is not only a goal but also an essential need. The SkyPirl (PIRL coin) project has pioneered the application of a decentralized model not only in terms of technology but also in terms of governance. This article will analyze and demonstrate the importance of this model and convince the community, developers and organizations to support this policy. ## Why 100% Decentralization is Necessary 100% decentralization ensures that no single individual or organization can control the entire system. This enhances transparency, security and fairness. When applied to an ecosystem this model will bring many benefits: - *Increased transparency*: With the decentralization of power and management by many organizations and individuals, the system will become more transparent. - *Higher security*: The use of multi-signature wallets and treasury management by many representatives will reduce security risks. - *Fairness and democracy*: The decentralized model ensures that all decisions are made fairly and democratically. ## SkyPirl's Decentralized Governance Model SkyPirl project has adopted a decentralized governance model from the beginning by: - *Decentralized development team*: Multiple development teams from different countries, ensuring that no single country or organization controls the entire project. - *Restrict developer power*: Developers are not allowed to hold websites, domains and social media channels, helping to disperse power. - *Use smart contracts and multi-signature wallets*: To ensure transparency and security in treasury management and transactions. ## Applying the Model to the Ecosystem The ecosystem will apply this 100% decentralized model to all projects. This includes: - *Decentralization of power*: Many organizations and individuals will participate in management and decision-making. - *Use multi-signature wallets*: To ensure security and transparency in treasury management. - *Representatives from organizations*: Organizations will send representatives to participate in management and decision-making. #SkyPirl #PIRL #PIRLmeet #SLOFI #CLO #2BearsExchange

SkyPirl Official 🎈🎈

16,196 просмотров • 1 год назад