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How decentralized is Cardano?

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Cardano is considered to be highly decentralized compared to other blockchain networks. It utilizes a proof-of-stake consensus mechanism which allows for a more decentralized governance model. The network is supported by a large number of individual stakeholders, known as validators, who participate in the block creation and validation process. This distributed approach aims to prevent any single entity from having control over the network, promoting decentralization and security.