Cryptocurrency Q&A Why need a distributed system?

Why need a distributed system?

Valentino Fri Oct 04 2024 | 6 answers 1126

Why is a distributed system necessary in the realm of cryptocurrency and finance? What advantages does it offer over traditional centralized systems? Could you elaborate on how it enhances security, scalability, and resilience within this fast-paced and dynamic field? How does a distributed system facilitate global transactions and ensure trust among parties without relying solely on a single authority? Why need a distributed system?

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