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– TIMESTAMPS –
2:09 What Is Decentralization?
4:33 How Centralized Is The Web?
10:58 Knowledge Barrons Are Placing Lives At Danger
12:42 How Can Decentralization Assist?
17:00 Decentralization & Cash
20:14 Provide Chains & Decentralization
22:25 Decentralization & ID
📺 Advisable Movies 📺
► Filecoin Evaluation:
► Provide Chains & Blockchains:
► Decentralized ID:
⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️
► What’s decentralization:
► HSBC blocks crypto transfers:
► How does the web work:
► Web disruption Feb 2017:
► Cloudflare DNS goes down:
► Equifax information breach:
► Whatsapp debacle:
► Fb outs night time time staff:
► What’s Web3?
► Egypt minimize off web:
► Myanmar cuts off web:
► Twitter’s decentralized future:
► China’s tech giants assist CCP spy:
► Hong Kong protests:
► Grownup website accepts crypto:
► Blockchain & provide chains:
❓ What Is Decentralization? ❓
In a nutshell, it’s the switch of management and resolution making from a centralized entity (a person, group, authorities or firm) to a distributed community. One of the vital well-known examples of that’s BTC.
The issue with centralization is that banks like HSBC can simply resolve to ban crypto transactions – not particularly reasonable provided that it’s your cash. IF that banking community was decentralized, all that may be not possible.
🌐 How Centralized Is The Web? 🌐
Right here’s the reality; each web site you see on-line is definitely hosted on a server. The unhealthy information is that this creates a single level of failure and you must ask your self who owns these servers. That may be tech giants like Amazon and Alibaba.
Prior to now, web outages had been solely resulting from issues on the likes of Amazon. I’m going into extra of those centralization issues within the vid!
🕴️ Knowledge Barrons Are Placing Lives At Danger 🕴️
The reality is that information barons are accumulating and processing a ton of our information. That may be seen in FB’s ‘Individuals You Might know’ function. This has uncovered the actual identities of individuals like night time time staff and that results in very actual safety issues.
📡 How Can Decentralization Assist? 📡
By making it immensely tough for any single entity to achieve management. Decentralized programs permit customers to instantly confirm and belief them. That signifies that one particular person or firm can’t play god.
I get into the nitty gritty about this matter within the video!
💰 Decentralization & Cash 💰
The likes of Visa and Mastercard really deny service to sure companies. Watch to study that drawback!
🛥️ Decentralization In Provide Chains & ID 🛥️
These are tremendous attention-grabbing matters. Suggest you watch to get the complete lowdown!
📜 Disclaimer 📜
The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any specific end result.
#decentralization #blockchain #crypto #bitcoin #filecoin
Source: Coin Bureau