What is a decentralized network?

What is a decentralized network? 

1. A decentralized network is a trustless network of distributed nodes that have no centralized point of failure. 
2. Within the context of ‘blockchain’ these networks are typically supported by a community of actors that are incentivized to perform actions that help support the decentralized network and its intended function. 
3. Typical benefits of a decentralized network VS a centralized network include improved anonymity and privacy, immutability, users have more control over their data.