Banking is a centralized model. Participantation in banking can be said to be, from the perspective of the participant, decentralized. The participant's perspec

Banking is a centralized model. Participantation in banking can be said to be, from the perspective of the participant, decentralized. The participant's perspective on the hierarchy is inverted, but the model itself is unchanged. Etherium is a decentralized model. Its model is an actually inverted hierarchy.