Warrior Game — Benefits of Decentralization on Blockchain.
What is Decentralization in Blockchain?
It’s a decentralized network of computers that ensures that the control and decision-making on a platform are not in one individual or group’s hand but is evenly distributed in a network to eliminate the chance of bias or misjudgment.
This network is connected via scattered ‘nodes’ that verify the authenticity of a new block, before adding it to the chain. It makes blockchain one step more secure for users. In order for a person to tamper with the blockchain, they would have to tamper with all the blocks of the chain and hack every node, which is next to impossible.
The transactions in blockchain are highly encrypted, thanks to decentralization. Lets take a look at some other benefits this technology brings.
Benefits of decentralization
- Distributed authority to erase the possibility of error and bias: Decentralization ensures that the blockchain is not governed by an individual, group, or even the government. It is distributed in a systematic digital network so that nobody can meddle with the transactions. Other securities are managed by specific individuals that lead to a possibility of human error and bias. It also prevents any kind of insider trading to take place in the blockchain.
- Real-time data reconciliation: All the data in a blockchain is accessed in real-time by the miners and investors, thus leaving no space for data loss or incorrect data. It works much like google docs, wherein you can share the work with multiple people and it can be edited at the same time.
- Optimum distribution of resources: Any business can face shortcomings if the resources are exhausted, are not incentivized properly, or driven by greed giving way to corruption. Decentralization ensures that the entire blockchain network is evenly spread among various nodes for optimum utilization of resources.
- Fast transactions: Blockchain transactions are much faster than bank transactions. This is because a whole lot of intermediaries are cut off from the process.
About Warrior Game.
Warrior is a 3A MMORPG & open-world game based on blockchain technology, it enables users to participate in gaming activities that will allow them have fun as well as earn from carrying these activities.
