"No hierarchy" in decentralized networking means:

1. _Flat network topology_: No device is superior or inferior to others.

2. _No prioritization_: Devices are not prioritized based on their resources, processing power, or data.

3. _Equal participation_: All devices participate equally in the network, with no device dominating others.

4. _No central hub_: No device acts as a central hub, controlling the flow of data or resources.

5. _Distributed control_: Control is distributed among devices, with no single device controlling the network.

6. _Autonomous decision-making_: Devices make decisions independently, without relying on a central authority.

7. _No dependence on a single device_: The network remains functional even if one device goes offline.

8. _Self-organizing network_: The network organizes itself without a central authority, with devices adapting to changes.

By eliminating hierarchy, decentralized networks promote a more democratic, resilient, and open architecture, where devices can communicate and share resources on an equal basis.