yes it is.
Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. (from : bitcoin.org)
while the other payment is centralized.
Centralization of authority means the power of planning and decision making are exclusively in the hands of top management while in the case of Decentralization , the powers for the same has been disseminated by the top management to the middle or low-level management.
Topic: Did bitcoin like systems already exist? - page 2. (Read 949 times)
Have similar systems been tried before the bitcoin system emerged? Is the Bitcoin system the first in this area?
Was find the Blockchain system included with bitcoin? Was there any blockchain technology before?
Was find the Blockchain system included with bitcoin? Was there any blockchain technology before?
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