Decentralized, centralized, and distributed systems
Bitcoin based its foundation on its cryptographically secure ledger, unique assets model, and P2P technology. It led to a new architectural era that helped in building massively scalable and profitable applications, a new type of software referred to as decentralized applications (Dapps). Nowlet's go through the three types of applications and their differences.Most of the applications that we use are based on a centralized or client-server model. A few discs are distributed, but now more and more are becoming decentralized.
The following diagram demonstrates the differences between these three types of software:
Let's now look into the following different types of applications mentioned in the preceding diagram:
- Centralized systems: Centralized software or systems are extensive. These are single instance systems running in a standalone system. The decisions for the system goal are created in the central mechanism and are then transferred...
