Crypto Academy Season 3 Beginners' Course Task-2 Decentralization // 14/08/2021
How are you all friends, I hope you are all well, and well, and living your life the way you want.
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BEGINNER TASK-2
Write a decentralized descriptio Decentralized systems have advantages and disadvantages and decentralized blockchain can be helpful in many areas of life.
Blockchain and decentralization work as a good system, the information it contains cannot be changed or accessed under any circumstances, a centralized system that has user empowerment and decision making. I am not independent, it runs completely under the central system, if you write a lesson that is completely against the central system, or something that is completely against the principles of the central system, Your account will be shut down, which means that the central system has complete control over your own account, such as YouTube, Facebook and Twitter, while the decentralized system is a completely different system. A decentralized system is a system in which the user is empowered and independent in making decisions.
In this system the user has complete freedom, that he is independent in all the transactions of his business, and he can fully express his views, including the account that belongs to him, and the work above. Whatever happens, he can do it completely, he has full access to the third party, he does not have access to his information and account, in this system everyone from top to bottom has power, They are very powerful in this system, that they have the power to run and run it, whatever the system is, in this system you can save money at will, and send it to someone else, no one in it. No problem, and then you have your own business, you can decide the profit and loss in it, how you will not be bound by the central system, you have complete and complete freedom to run your account. , And business, decentralized systems are made up of many computers that work together as servers. All of these computers are called nodes, and no third party has access to the account you have. Is, and it stores all your information.
Benefits
This is a system in which the user has the freedom to express his full opinion, there will be no restriction on giving his opinion, he can express his opinion freely,
In this system, all users have the option to run their own account at will, and to manage their own transactions, their own business and their own account, and to have a central system. I have no role, and it does not involve any kind of principle, you can deposit your money in this system as you wish, it is not difficult, you just have to understand, and at any time any users Send your money, and run your business easily.
Your complete information is stored in this system, no third party can access it, and no one can hack your information that could harm you.
This is the system through which transactions and money from all over the world can be done in a timely and accurate manner, and in this system you can fully check the fraudsters in the fields of public funds, and you can check the entire information. The details of when and where the funds were sent will be fully disclosed, including the system that is involved, so there is no room for fraud.And it's a completely transparent system, good for all users.
This system, which protects all your information, and does well, writes the history of your Give and take, so you can completely eliminate fraud through this system, and other countries are with them. Problems can be discussed, in this system, in which no one person is superior to another, everyone is given the power to do as he pleases, and he has the ability to do whatever he wants. According to him, he develops, and moves forward, and aspires to be the most successful person.
Disadvantages
This system requires trained and skilled people, because if the transaction in your account is wrong, no refund is possible, so skilled people are needed here. And the mistake that can easily get your money back is to fail.
So in this system you have the freedom to send your money to anyone, and you have the complete freedom to deposit your money at any time, which means that you are independent in all matters of transactions, which are illegal funds. Money can be used for any crime, which is a very harmful cause, similarly not everyone is capable of making timely decisions, and they make wrong decisions, which have very bad consequences, so This system requires advanced and trained users, and one small mistake can do you great harm.
There were decentralized systems that help in other areas of life.
This is the system through which you can improve your business, the trader can transfer and receive his money to any person at any time and at his own will, and this system can be made faster, and the system Help can greatly improve the education system, and you can give a private lecture to someone, which can be very useful for their own education and their future.
Those who have power, they have power, they are illegally occupying people's lands, and they are occupying their lands by making illegal documents their own, this is the system that Through the system you can completely eliminate fraud and corruption, in any country you can keep a complete record of the sale and purchase of your land that is your own, and your land documents. Can also keep records safe.
With the help of this system banking and funds system can be greatly improved, it has full details of transactions, who did how many transactions and when.
And yes with this system you can greatly improve the health system, you can keep a complete record of your health in it, it will be beneficial that when you are getting treatment from a doctor, you will have a lot of doctors. And you can consult different doctors, and you can also check their data, which is very good for our poor, and the health system can be greatly improved.
If you vote for someone for this system, no other user can transfer your vote, which is good, so you can improve the system of politics with the help of this system, because if there is an election There will be allegations of fraud, so with the help of this system you can avoid fraud and eliminate allegations, and you can run the system of politics much better and calmly, and you can eliminate allegations of fraud, Because of this, the system can be effective at various levels of government.
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بہت اچھے بھائی آپ نے کرائپٹو اکیڈمی کی پوسٹ لگائی ہے
Shukriya
آپ نے ریٹو ٹاسک ٹو اچھی طرح بیان کیا ہے۔
Shukriya
Mashallah very hard working man and great and had your brother so informative post and tissue write a good point of view and explain with highly and clearly words
Shukriya
بہت اچھے بھائی جان آپ نے کریپٹو اکیڈمی کا ٹاسک پورا کر لیا ہے
Shukriya
Hello @ansardillewali,
Thank you for taking interest in the 2nd Task of the Beginners’ class. Your grades are as follows:
Feedback and Suggestions
Nice effort on the topic!
You should really try to work on your arrangement and markdown use. Your presentation matters a lot.
Also try not to repeat points.
You should also work on your expression.
Thanks again as we anticipate your participation in the next class.