Decentralization is a concept about control and management. It refers to that the control and decision-making in a distributed network are transferred away from a centralized entity (individual, organization, or group thereof). The resources in a decentralized network are owned and shared by network members. Decentralization is an important property for and systems.
A cryptographic hash function is a hash function that satisfies the properties of pre-image resistance, second pre-image resistance and collision resistance. Here, a hash function is a mathematical algorithm that maps data of an arbitrary size (or “message”) to a bit array of a fixed size (the “hash value”, “hash”, or “message digest”), that is,