Cryptocurrency Q&A Is radix decentralized?

Is radix decentralized?

SakuraTide SakuraTide Sun Jun 30 2024 | 5 answers 1142
Could you elaborate on whether Radix is truly decentralized? In the world of cryptocurrencies and blockchain technology, decentralization is a crucial aspect that determines the autonomy, security, and scalability of a system. Radix, as a platform, aims to provide a range of financial services, but it's imperative to understand its underlying architecture and how it achieves or compromises decentralization. Could you discuss the network's consensus mechanism, node distribution, and governance model to assess its decentralization claims? Is radix decentralized?

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