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Decentralization Flashcards | StudBud
Decentralization
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How does the concept of Arrow's Impossibility Theorem relate to decentralized decision-making?
A
Shows that perfect consensus is always achievable in decentr. systems
B
Suggests that decentr. decision-making is inherently flawed
C
Shows difficulties in making fair/efficient consensus in decentr. systems
D
Irrelevant to decentralized decision-making
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