![]() ![]() It argues that, while peer-to-peer (P2P) systems could potentially solve this problem, the inherent centralisation of mobiles makes this difficult, to the extent that P2P solutions on mobile phones do not, ultimately, work as well as centralised ones. The system’s whitepaper says that the issues are that mobile phones were designed “with centralisation in mind”, and that most decentralisation protocols only really work for computers. If we combine these principles with the fact that, at present, an ever-growing amount of online activity takes places on people’s mobile phones, then there is the potential for something which brings forward decentralisation on mobiles. ![]() Again, the concept seems to be that people should be able to carry out their business without having to worry about who knows what they are doing. Linked in with this is decentralised finance (DeFi), which is, ultimately, the idea that you should not have to have a bank account to access financial services. The idea that people should not have to worry about centralised organisations knowing what they are doing has helped create the world of blockchain technology, cryptocurrency and the – depending on who you ask – either upcoming or ongoing change to Web 3.0. One of the crucial ideas behind the blockchain is that of users’ independence and privacy. ![]() What is SYLO? Let’s see what we can find out, and also examine SYLO price predictions. Sylo is a token that has outperformed the market so far this year. ![]()
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