Successful decentralization doesn't need blockchains: Nillion CEO
According to the CEO of Nillion, “decentralization is a spectrum with multiple axes.” Decentralization via blockchain technology has given rise to several applications such as cryptocurrency, nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs), decentralized finance (DeFi), and many more use cases. However, the future of decentralization may very well extend beyond blockchain technology. Nillion, an internet infrastructure platform based on cryptography, has developed a technology called Nil Message Compute (NMC), which changes how data is stored, processed and decentralized. This new technology could have important implications for how companies and users pursue decentralization as an ethos. When asked how de central ization without blockchains was possible, the CEO of Nillion, Alex Page, explained how NMC based-technology takes arbitrary data, transforms and fragments it, and then distributes the resulting particles across a network of nodes. "The nodes ...