What keep the blockchain fair and free, Where no single person has the key? The awnser lies in shared control, Securing trust as a whole. What am I? Musk Empire Riddle of the Day 30 July 2024
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Updated Jul 31, 2024
Musk Empire Riddle of the Day 30 July 2024
Today's Riddle:-
| What keep the blockchain fair and free, Where no single person has the key? The awnser lies in shared control, Securing trust as a whole. What am I? |
Answer
The answer for today's Musk Empire Riddle of the Day 30 July 2024 is DECENTRALIZATION.
Answer Explanation
Decentralization refers to the process of distributing or delegating power, authority, and decision-making away from a central authority or governing body to various smaller units or local entities. This approach can be applied in various contexts, such as government, organizations, and technology.
In government, decentralization often involves shifting responsibilities and powers from a national or central government to regional or local governments, allowing for more localized decision-making and tailored responses to local needs. In organizations, it might mean delegating decision-making authority to different departments or branches, promoting flexibility and responsiveness.
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