“We are building a decentralized world where people have control over their own data and finances”
— Vitalik Buterin
Simplified Meaning:
In a new kind of world, people are getting more power over their own personal information and money. Think about it like this: instead of a few big companies or banks having all your important details, everyone keeps their own stuff. For example, imagine instead of keeping your money in a big bank, you store it safely in your own secure box that only you can open. This way, you don’t have to rely on the bank, and you have more control over your money. In the same way, when it comes to your data, like your photos, emails, or shopping history, you get to decide who can see it and use it, rather than big companies like Google or Facebook. This can help protect your privacy and give you peace of mind. If you adopt this approach, you become your own boss over your digital life, making your own decisions without other people taking over. This can bring more freedom and security to how you live in the digital world.