CHAPTER 7

Use of Decentralized Infrastructure for Businesses

By decentralized infrastructure, I mean public blockchain infrastructure such as Ethereum and Bitcoin. Some services are built on top of this infrastructure. I describe how to utilize those services in a later part of the book. In this chapter, I shall talk about what decentralization is in the context of public blockchain as an infrastructure, decentralized protocols, and applications.

Decentralization is all the rage in the blockchain world these days. I must confess that I find it confusing and sometimes even disorienting when describing what decentralization is. Mr. Buterin wrote an interesting blog article in Medium about decentralization and proclaimed that “[i]t is also one of ...

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