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[[University of California, Irvine]]'s Institute for Software Research's "PACE" project is creating an "architectural style for trust management in decentralized applications." It adopted [[Rohit Khare]]'s definition of decentralization: "A decentralized system is one which requires multiple parties to make their own independent decisions" and applies it to [[Peer-to-peer]] software creation, writing:
{{Blockquote|...In such a decentralized system, there is no single centralized authority that makes decisions on behalf of all the parties. Instead each party, also called a peer, makes local autonomous decisions towards its individual goals which may possibly conflict with those of other peers. Peers directly interact with each other and share information or provide service to other peers. An open decentralized system is one in which the entry of peers is not regulated. Any peer can enter or leave the system at any time...<ref>[http://www.isr.uci.edu/projects/pace/decentralization.html PACE Project "What is Decentralization?" page] {{webarchive|url=https://web.archive.org/web/20130329030322/http://www.isr.uci.edu/projects/pace/decentralization.html |date=2013-03-29 }}, [[University of California, Irvine]]'s Institute for Software Research, Last Updated – May 10, 2006.</ref>
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=== Goals ===
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