kaal:claim:3406323-001

Decentralized systems lack a central intelligence or leadership hierarchy; instead intelligence is distributed through the system and information enters at the edges, closer to where action occurs and where real time information is generated.

decentralized systems do not have a central intelligence or leadership system with traditional hierarchies. Instead, the intelligence is spread throughout the system.

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019), I. What is Decentralization?, p. 4
https://ssrn.com/abstract=3406323 · source PDF

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323

• existing decentralized systems

mechanismsupport: asserteddecentralizationinstitutional-design

• restated_by kaal:claim:3411897-002 Decentralized systems have no central intelligence or hierarchical leadership; intelligence is instead spread ...

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