"Advantages of Decentralization in web3" by DeFi Nur𝕏e

Enhanced scalability

Improved transparency

Increased security

Decentralization

It only impacts security in web3 when combined with centralized systems.

It reduces security risks by distributing control and ownership of data and assets.

It increases security risks by making it difficult to track and manage data and assets.

It has no impact on security in web3.

Enhanced scalability

Centralized control

Increased security

No impact on governance

Limits governance

Enhances governance

Enhances privacy

No impact on privacy

Reduces privacy