Centralized
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Categories: Cryptocurrency
A system or process for which there is a singular (i.e., central) source of authority, control and/or truth.
Centralized (Wikipedia)
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Centralisation or centralization (see spelling differences) is the process by which the activities of an organisation, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group. This moves the important decision-making and planning powers within the center of the organisation.
Diagrams of systems in various degrees of centralisation. From left to right: centralisation, decentralisation, distribution, and distributed decentralisation.
The term has a variety of meanings in several fields. In political science, centralisation refers to the concentration of a government's power—both geographically and politically—into a centralised government.
An antonym of centralisation is decentralisation.
