![Explain how decentralization principles influence the valuation of cryptocurrencies.](/content/images/size/w720/3315.jpg)
Decentralization and Its Impact on Cryptocurrency Valuation
Decentralization and Its Impact on Cryptocurrency Valuation
Decentralization is a fundamental concept in the world of cryptocurrencies and blockchain technology. It represents a shift from a centralized structure, where control resides with a single entity or a group of related entities, to a decentralized system where control is distributed across