Search result of POINTS

Decentralization is a fundamental characteristic of blockchain technology where no single entity has control over the system or network, with power, decision-making, and data validation distributed across multiple participating nodes. This structure eliminates the need for central authorities, making systems resistant to single points of failure, enhancing transparency and censorship resistance, while reducing manipulation risks.

Minimum Viable Product (MVP) refers to a version of a product with just enough core features to satisfy early adopters, containing the basic functionalities that solve key pain points for the target users while omitting secondary features. In blockchain projects, an MVP typically manifests as an early version of a protocol, platform, or application with fundamental functionalities, aimed at validating the core value proposition and gathering user feedback to guide subsequent development iterations.