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Centralized vs Decentralized Networks: Insights from The Msg Senders

Web3BridgeWed, Oct 9, 2024, 12:00 AM

We delve into centralized and decentralized networks in this insightful video. We break down the concept of centralized networks, where control and decision-making authority are concentrated within a single entity or group. From there, we delved into decentralized networks, where power is distributed among multiple nodes, fostering transparency, security, and autonomy. Join us as 'The Msg Senders' share their valuable knowledge and perspectives on these two fundamental network architectures. Discover the key differences, advantages, and potential applications of both centralized and decentralized systems.

Transcript

hi everyone Welcome to our YouTube channel my name is with me is Sam Dani and we are the MSG sers we've come to talk about what we've learned throughout the week and what we want talk about is decentralized and centralized networks so P tell your ins with centralized networks all right thank you um the centralized Network basically is hosted on centralized ser and basically um in this centralized Network you don't have control over your detas but rather companies have control over your datas you own the datas they can choose to use it whatever time they decide to use those detas and then they're being controlled by single Authority you don't have a say concerning those detas because it's a group of people that control those dat that you have S to them yeah thank you for that Daniel tell us about decentralized thank you very much okay so a centralized Network isly um so what that means that is fully decentralized you made you made mention of centralized when it comes to decentralized there physically no Ser so each and every the network is fully autonomous like they have full control over the network so that's centralal that's good thank you for that Daniel so I want to end it by like scenary on like what it is centralized and centralized so just imagine H Daniel and and network in centralized Network and in a centralized na just one person has is in charge of like sharing detail so just imagine something happens to my mission that would mean the end or the part that need until I'm able to fix or get my information up and ready or any decentralized network where everyone is in charge of like sharing data not just one person in Char if something happens to my miss the network will still keep on running keep on running so and there's this saying that the more people in the blockchain the more stronger and secure the blockchain is because the F of 50 people in the network of thousands will not bring a hold to the network network just keep on like keep on running regardless of like anything that happens so yeah so that's it and thank you for watching and see you next time bye

Automatic transcript — names and jargon may be misspelled.