Decentralized Network

A decentralized network is referred to as a collection of interconnected yet distinct elements that interact with each other eliminating the requirement for a centralized power or server. With the decentralized network introduction, there comes the decentralized payment network which refers to the system where the users, vendors, and the customers can exchange money without having to rely on any third party for keeping the network secure and operational. Decentralized social media is another related thing that is a social media platform completely based on blockchain.