# Decentralised > Spread across many independent participants, with no single point of control. Canonical URL: https://fudfomo.co/glossary/decentralised Source: What The Block! Dictionary v1.0 (last updated 2026-04-25), browsable at https://wtb.fudfomo.co. ## Definition A decentralised system runs across many independent participants, with no single party in charge. In crypto, this can mean validators on a network, governance token holders in a DAO, or independent app developers using the same open standards. Real decentralisation is a spectrum, not a switch. Even chains that look very decentralised can have heavy dependencies on a small set of clients, infrastructure providers, or maintainers. ## Related terms - [Centralised](https://fudfomo.co/glossary/centralised): Run or controlled by a single party. The opposite of decentralised. - [DAO](https://fudfomo.co/glossary/dao): Decentralised autonomous organisation. A group whose decisions and treasury are managed on a blockchain. - [DeFi](https://fudfomo.co/glossary/defi): Decentralised finance. Apps that offer lending, trading, and saving on a blockchain instead of through a bank. - [Blockchain](https://fudfomo.co/glossary/blockchain): A shared digital record of transactions that no single person or company controls. Everyone can read it, and changes are extremely hard to fake. ## See the full catalogue What The Block! covers more than 2,000 plain-English crypto terms, delivered as embeddable hover-state tooltips for crypto exchanges. https://wtb.fudfomo.co