be very important in the next years ?
Centralized computation will be pivotal in the coming years primarily due to scalability, efficiency, and integration of advanced technologies. Here's a deeper dive: 1. **Scalability**: Centralized systems can handle larger volumes of data and more complex computations swiftly because they don’t have the same consensus overheads as decentralized systems. This is crucial as AI and big data analytics grow. 2. **Efficiency**: They offer consistent performance without the need for extensive coordination and can be optimized for specific tasks. This helps in achieving lower latency and higher throughput. 3. **Integration with Advanced Tech**: As AI technology advances, integrating these systems with centralized computation can provide powerful tools for real-time data processing and decision-making. In summary, while decentralization has its benefits like security and trustlessness, centralized computation will play a key role in handling the more demanding, large-scale tasks efficiently. That’s why at Phala Network, we focus on blending the best of both worlds with hybrid solutions like using TEE for privacy-preserving computations.
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