And this brings me to my third pillar: decentralization.

去中心化。

And some say the transparency and decentralization made it hard for the DAO to coordinate and win the auction.

有人说，明度和去中心化使得 DAO 很难协调并赢得拍卖。

A coherent system of legal and technical standards for true decentralization.

一连贯的法律和技术标准体系，以实现真正的权力下放。

Because a key part of decentralization is transparency, something we desperately need as we navigate the climate crisis.

因为权力下放的一明度，这我们在应对气候危机时迫切需要的。

So in sum, it's this political centralization and economic decentralization that is actually a simple representation of China's model.

所以总而言之，就这种政治上的集权和经济上的权，其实就中国模式的一简单表现。

But while Bitcoin is the energy consuming face of this model, blockchain is the logic of decentralization at the heart of it.

但， 虽然比特币该模型的能源消耗面，但区块链其核心的去中心化逻辑。

I do think that cryptocurrency is very good because the conversation about decentralization, and that kind of stuff has been very helpful when it comes to just having a better understanding of not only the economy but also politics.

我认为加密货币非常好，因为于去中心化的对话，这类东西非常有帮助，不仅要对经济有更好的理解，还要对政治有更好的理解。

That form of sentimental decentralization was still in its early stages, and, precedents being few, and the desire to set an example contagious, the matter had become a subject of prolonged and passionate discussion under Miss Hatchard's roof.

这种情感散化的形式仍处于早期阶段，先例很少， 树立榜样的愿望具有感染力，这件事已成为哈查德小姐屋檐下长期而热烈讨论的话题。