• Decentralization is defined as 'moving control of an organisation or government from a single location to several smaller ones.'
• The Cryptocurrency is similar, except instead of 'a few smaller places,' power is delegated to thousands of nodes, or users who opt to run the Cryptocurrency called on their computers.
• In the Bitcoin network, no central authority makes choices; instead, everyone gets to call the shots. Because no one owns Bitcoin technology, there is no hidden mastermind in charge of it.
• Bitcoin is controlled by users all around the world. The bitcoin software can be developed and improved by anyone. Similarly, everyone can choose the version of software they want to use.

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