What are the main challenges of decentralized systems?
An example of an AI chatbot conversation about the challenges faced by decentralized systems.
What are the main challenges of decentralized systems?
Decentralized systems face several challenges, including scalability, security, and governance issues.
Can you elaborate on the scalability issues?
Sure! Scalability in decentralized systems often struggles with handling a growing number of users and transactions efficiently.
What about security? How does it differ from centralized systems?
In decentralized systems, security relies on distributed consensus, which can be more vulnerable to attacks like Sybil attacks.
And governance? What makes it complex?
Governance in decentralized systems is complex due to the lack of a central authority, leading to challenges in decision-making and conflict resolution.
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