Decentralized computing has the benefit of security. It is also known as distributed computing. In this system, multiple computers work together to accomplish a task without relying on a central authority or server. Decentralized computing can be used for a variety of applications like data storage, networking, and processing power. There is no single point of failure in a decentralized system it is much more difficult for hackers or malicious actors to compromise the system. Recently blockchain technology has played a significant role in the development of decentralized computing systems. A single server or authority can become a target for attacks in traditional system. Therefore the entire system is vulnerable. Here it is spread out across multiple nodes. So it is much more resilient to attacks compared to traditional system. Due to distributed node the system as a whole can handle larger workloads and more complex tasks than a traditional centralized system..
It can be compared with the democratic systems in government. Because there is no central authority decisions about how the system operates can be made through a consensus of the nodes in the network. This can be particularly useful in situations where traditional centralized systems have failed or been corrupted like in government or financial systems. Blockchain technology has played a significant role in the development of decentralized computing systems. Blockchain is a distributed ledger that allows for secure, transparent, and tamper-proof record-keeping. Because each block in the chain is linked to the previous block it is virtually impossible to alter the records without being detected.
Ethereum is a decentralized platform that allows developers to build decentralized applications, or dApps. These dApps can be used for a variety of applications such as financial transactions, supply chain management, and digital identity. Have you ever heard about IPFS?. It means InterPlanetary File System. IPFS is a protocol for storing and sharing files in a distributed network. Files are stored across multiple nodes in the network. Threfore, it is more resilient to failures or attacks.
