What characterizes them is decentralized authority.
这一新框架的特征是权力的去中心化。
Because it is run by a decentralized network of computers around the world, Bitcoin does not require a central authority like a central bank or financial institution.
由于比特币是由世界各地分散的电脑网络运作的，所以它不需要中央银行这样的中央权威机构或金融机构。
A decentralized and localized political authority.
分散的、地方化的行政权力。
Decentralized structure includes few management levels, decision-making authority is allocated to lower management and management scope is wider so it shows a flat type structure.
分权型结构包含更少的管理层，并将决策权分配到较低的层级，从而具有较宽的管理幅度并呈现出扁平型结构。
For better or worse, over the past 50 years we have concentrated authority in centralized agencies and reduced the role of decentralized citizen action.
无论结果是好还是坏，我们过去的50年将权力集中于代理部门，并限制社会各阶层公民的放权行为。
For better or worse, over the past 50 years we have concentrated authority in centralized agencies and reduced the role of decentralized citizen action.
无论结果是好还是坏，我们过去的50年将权力集中于代理部门，并限制社会各阶层公民的放权行为。
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