What is a decentralized cloud storage network?

Decentralized cloud storage network is simply put, a collection of storage space provided by an array of listed user on a blockchain, without any central storage or monitoring facility.

What is a decentralized cryptocurrency?

Decentralized cryptocurrency is much more prone to price volatility. Can't trade in real currency. As a basic rule of thumb, any blockchain network that is not corporate-owned is likely a decentralized network. Blockchains with corporate ownership behind them, like Coinbase, Kraken and Binance, are centralized around the company.

What is decentralized computing?

Decentralized computing is an architectural style in which there is no central point of authority to control access to data or logic that resides within a network. Instead, authority is determined according to algorithms shared by all computers, or nodes, that are part of the network. Decentralized networks work on a peer-to-peer basis.

What is a decentralized blockchain network?

In a decentralized blockchain network, no one has to know or trust anyone else. Each member in the network has a copy of the exact same data in the form of a distributed ledger. If a member’s ledger is altered or corrupted in any way, it will be rejected by the majority of the members in the network.