the.com/centralization
one throat to choke, one point of failure, one really convenient place to send the invoice.
means the concentration of decision-making power, resources, or control into a single authority instead of spreading it across many.
from from latin centrum, the fixed point of a circle, by way of french centralisation, popularized during the napoleonic reorganization of france into a single administrative hub in paris.
opposite worddecentralization, coined mostly in reaction to it
tech ironythe internet was built to survive nukes, now runs on aws
business logicefficient until the center makes one bad call
crypto's whole pitcha movement built entirely against this word