Decentralization vs Smart Contracts

Quick comparison to help you distinguish these two crypto terms.

Decentralization
beginner
fundamentals

Decentralization is the distribution of control and decision-making across many participants rather than concentrating authority in a single entity, institution, or location.

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Smart Contracts
beginner
fundamentals

Smart contracts are self-executing programs stored on a blockchain that automatically perform predefined actions when specific conditions are met, without needing any intermediary.

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