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Decentralization refers to the transfer of control from a single central authority to multiple local authorities. Users will be able to send and receive information from one another or perform different activities through peer-to-peer protocols, without the use of a central server. The current version of the internet is based on the centralization and exploitation of user data. The consensus is that the internet’s increasingly obvious flaws and vulnerabilities have to be addressed. Web 3.0 promises to address these flaws and shortcomings by redesigning the way the Internet operates.