Decentralization is about eliminating weak points that could threaten the expected properties of the network. A single point of failure can even stop the entire system from working. No entity, whether in the form of a group of nodes or people, should have a significantly stronger position than other entities. These entities can abuse their position or become easy targets for attackers. In this article, we will look at the potential weaknesses of blockchain projects.
This article was prepared by Cardanians with support from Cexplorer.
Read the article: https://cexplorer.io/article/understanding-single-point-of-failure