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，透明度和去中心化使 DAO 很难协调并卖。

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

一个连贯法律和技术标准体系，以实现真正权力下放。

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

因为权力下放一个关键分是透明度，这是我们在应对气候危机时迫切需要。

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，就是这种政治集权和经分权，其实就是中国模式一个简单表现。

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

但是， 虽然比特币是该模型能源消耗面，但区块链是其核心去中心化逻辑。

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，因为关于去中心化对话，这类东西非常有帮助，不仅要对经有更好理解，还要对政治有更好理解。

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.

这种情感分散化形式仍处于早期阶段，先例很少， 树立榜样愿望具有感染力，这件事已成为哈查德小姐屋檐下长期而热烈讨论话题。