Why has decentralisation become so popular?

Decentralization has gained popularity due to its potential to enhance transparency, security, and user autonomy, particularly in the context of blockchain technology and cryptocurrencies. It reduces the reliance on central authorities, thereby minimizing the risk of corruption and censorship. Additionally, decentralization fosters innovation by enabling diverse participation and collaboration across various sectors. As people seek more control over their data and digital identities, the appeal of decentralized systems continues to grow.