A decentralized protocol is a set of rules that govern how data is exchanged and processed on a decentralized network. Unlike traditional centralized systems, decentralized protocols operate without a single point of control, relying on distributed nodes to validate transactions and maintain the network’s integrity. These protocols ensure that users have control over their data and assets, providing greater security, transparency, and resistance to censorship. Examples include blockchain-based protocols like Ethereum, which supports decentralized applications (DApps) and smart contracts.
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