Quasi-decentralization refers to a system that combines elements of centralization and decentralization. In this model, some functions or control are distributed across a network, while others remain under the oversight of a central authority or a small group of entities.One key feature of quasi-decentralization is that it allows for improved efficiency and scalability. Certain decisions or processes can be streamlined by a central authority, ensuring that the network operates smoothly. However, aspects like transaction validation or data storage can still be spread out among multiple participants, promoting a degree of user autonomy.This structure can balance the benefits of decentralized platforms, such as security and resistance to censorship, with the advantages of central oversight, such as speed and reduced operational costs. Quasi-decentralization often appears in platforms that aim to provide both security and practicality, striving to capture the benefits of both systems while minimizing the downsides.
Aave Labs Acquires Stable Finance to Expand Consumer DeFi Products
Aave Labs has acquired Stable Finance, a San Francisco-based fintech company focused on stablecoin savings, in a move to strengthen

