Decentralization is a spectrum with multiple axes, and the future of decentralization may extend beyond blockchain technology
Nillion, an internet infrastructure platform, has developed a technology called Nil Message Compute (NMC) that changes how data is stored, processed, and decentralized
NMC takes arbitrary data, transforms and fragments it, and then distributes the particles across a network of nodes
Nodes can store the particles or run computations with the fragments of data without sending messages between themselves, and return the results to the desired end-point for reconstruction
NMC is significantly faster than its predecessor technology, multi-party computation (MPC), because it does not require messaging between nodes
– Decentralization will continue to expand through the adoption of technologies that bring new utility and functionality to blockchain, such as zero-knowledge/succinctness proofs, threshold commitments, and NMC
– NMC technology does not need to be synchronized with the production of blocks or depend on the completion of a computation for consensus to take place, as is the case with traditional blockchain
– Decentralization is gaining traction across mainstream discourse, especially as a way to increase transparency, reduce reliance on central authorities, and increase control over personal data and assets
Cryptocurrencies have been a major driving force behind the growth of decentralization, as users seek out technologies or the promise of decentralization to achieve these goals
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