Before starting this write up, i had to picture how well humans could follow orders when their is nobody to give the order. In other words, we can say, how people can follow simple instructions, just by using the available information around.
A quick example is in the idea of driving. Drivers sometimes find signs in a spot, which says NO PARKING. Without being physically told, it is expected of the driver to avoid that spot, or might face the consequence.
Over the years, centralization was the main power point of every industry(both tech and non-tech). This centralization involves a person or group of persons, trying to place the activity of their firm inorder. In most cases, centralization system tends to affect one party involved in an agreement, due to regular changes in protocol. A proper example is the banking sector we see today. This sector has its own protocols governing them, which depends on what is required by the governance.
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In most cases, we have seen how this protocols hurt customers, who are users of this banking system. Their protocols are not always constant, but might change when there is an internal or external crisis.
Unlike the centralize system, the decentralize system has being made possible with the blockchain technology.
The blockchain is n't just a technology, but it is also a trusted protocol that doesn't change when there are crisis.
Decentralization and distribution of ledgers are the main protocols of this tech.
Crypto currency, which is the biggest blockchain project has grown bigger nation wide. Crypto currency also work with the blockchain protocol and its own protocol, making sure that its users are aware of any possible risk, when it comes to a change in price.
Main Idea
The blockchain technology has introduced a decentralized system, where protocols are in place to guide it users nation wide. We should note that this protocol barely change, assuring safety and efficiency in its usage. On like the centralize system, where protocols changes regularly, thereby affecting its users.
The more we understand these protocols guilding the blockchain, the less we fall victim of any crisis.
My Opinion
Centralization protocols has nothing to offer, than making lifes difficult. Have'nt faced countless number of issues from banks, due to changes in protocol, blockchain and its related courses has being a better option.
In Conclusion
The world can be a better place, when their is a protocol guilding us. Having things in place, reduces cost of spending and makes work easier. Orderliness can only be achieve with the blockchain technology.
Thanks for reading, please share your opinion in the comment section.
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