Learning The Basics - Virtual Blockchain Worlds
Decentralization
In terms of virtual blockchain worlds, decentralization means that the platform is truly owned and governed by its users, instead of a centralized company.
As with all other games and platforms, if the company owning the servers which store the game content were to go bankrupt, shut down or stop supporting the title, then the servers would be turned off, and you, as a user, would lose all your in-game purchases you have made, or achievements you have unlocked etc.
If a project is decentralized, content is hosted on and stored on, many computers, (nodes) around the world. To summarize, this means that in theory the world can never be shut down by any one government or go bankrupt etc. This offers the user a certain level of security within the platform/game .
As a side note, not all virtual blockchain worlds are decentralized, nor is it a requirement that they need to be in order to function.
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