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Graphical comparison of a centralised (A) and a decentralised (B) system. A decentralised system in systems theory is a system in which lower level components operate on local information to accomplish global goals.
It adopted Rohit Khare's definition of decentralization: "A decentralized system is one which requires multiple parties to make their own independent decisions" and applies it to Peer-to-peer software creation, writing: In such a decentralized system, there is no single centralized authority that makes decisions on behalf of all the parties.
Centralisation or centralization (North American English; see English spelling differences) is the process by which the activities of an organisation, particularly those regarding planning, decision-making, and framing strategies and policies, become concentrated within a particular group within that organisation.
A centralized government (also united government) is one in which both executive and legislative power is concentrated centrally at the higher level as opposed to it being more distributed at various lower level governments. In a national context, centralization occurs in the transfer of power to a typically unitary sovereign nation state.
Centralized (left) vs distributed generation (right) Distributed generation, also distributed energy, on-site generation (OSG), [1] or district/decentralized energy, is electrical generation and storage performed by a variety of small, grid-connected or distribution system-connected devices referred to as distributed energy resources (DER). [2]
Decentralized planning is usually held in contrast to centralized planning, in particular the Soviet-type economic planning of the Soviet Union's command economy, where economic information is aggregated and used to formulate a plan for production, investment and resource allocation by a single central authority.
The raging debate between decentralized and centralized cryptocurrency exchanges regarding which type better serves the public is still being hotly contested.
A central government is the government that is a controlling power over a unitary state.Another distinct but sovereign political entity is a federal government, which may have distinct powers at various levels of government, authorized or delegated to it by the federation and mutually agreed upon by each of the federated states.