I'm curious about the blockchain network and who exactly has control over it. Is it centralized or decentralized, and who are the key players involved in its operation and management?
6 answers
GangnamGlitter
Sun Nov 10 2024
A blockchain has the capacity to store a variety of information.
SeoulSerenitySeeker
Sun Nov 10 2024
Among its many applications, the most prevalent one is as a ledger for transactions.
mia_rose_painter
Sun Nov 10 2024
When it comes to Bitcoin, the blockchain technology behind it is decentralized.
BlockchainBaroness
Sun Nov 10 2024
This decentralization ensures that no single individual or entity holds sway over the network.
Tommaso
Sun Nov 10 2024
Instead, control is vested in the collective hands of all users participating in the blockchain.