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得 DAO 很难协调并赢得拍卖。

This decentralization is further propelled by digital platforms.

数字平台进一步推动了这种去中心化。

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

一个连贯的法律和技术标准体系，以实现真正的权下。

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

因权下的一个关键部分是透明度，这是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，就是这种政治上的集权和经济上的分权，其实就是中国模式的一个简单表现。

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的能源消耗面，但区块链是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.

我认加密货币非常好，因关于去中心化的对话，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.

这种情感分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，这件事已成哈查德小姐屋檐下长期而热烈讨论的话题。