Topic: Difference between Centralize and Decentralize coins... (Read 115 times)
Centralized currency is monitored and controlled by a financial body or institution just like the Central Banks in some countries wherein its purpose is to control of the supply of bills and coins. On the other hand, decentralised currency is supplied by the investors and users. That's how bitcoin functions. There is not limit of money circulation but this depends on the total capitalization of a certain coin.
There is a huge difference between decentralized and centralized coins. Decentralized coins have no center of command and thus it is hard to shutdown since there are no centers and can operate as long as there is someone running the system on their pc. Centralized on the other hand is controlled by a center of command, and is being dictated by the people who are at the center.
But sometimes decentralized coins have a disadvantage when it comes to problem troubleshooting since there are no central command who will be in-charge of fixing problems. But overall, I like decentralized coins compared to centralized coins.
But sometimes decentralized coins have a disadvantage when it comes to problem troubleshooting since there are no central command who will be in-charge of fixing problems. But overall, I like decentralized coins compared to centralized coins.
Big projects usually have big gits with good devs and big communities, so I wouldn't say troubleshooting is hard in a decentralized environment.
There is a huge difference between decentralized and centralized coins. Decentralized coins have no center of command and thus it is hard to shutdown since there are no centers and can operate as long as there is someone running the system on their pc. Centralized on the other hand is controlled by a center of command, and is being dictated by the people who are at the center.
But sometimes decentralized coins have a disadvantage when it comes to problem troubleshooting since there are no central command who will be in-charge of fixing problems. But overall, I like decentralized coins compared to centralized coins.
But sometimes decentralized coins have a disadvantage when it comes to problem troubleshooting since there are no central command who will be in-charge of fixing problems. But overall, I like decentralized coins compared to centralized coins.
Centralized coins are controlled by one institution or a general group. Decentralized coins are freely mined or traded by the public and a large community decides what to do with it.
I totally agree with what you say but you got some points wrong there. Wouldn't elaborate them anymore but yes, buy Bitcoin.
I totally agree with what you say but you got some points wrong there. Wouldn't elaborate them anymore but yes, buy Bitcoin.
This is very important to know about the difference between these two because if we think about crypto market and want to go for long run then need to know about it.
Now after huge success of Bitcoin approx 1600 Crypto coin currencies and near about 10000 markets for trading. But what coins are beneficiary for us as a investor we need to know it.
First of all what is centralize coins that mean this is under an organisation that working under any country government . Now what is the benefit and loss of centralize coin. Suppose if any crypto currency effect on that local country Government's currency in that case country government can stop that crypto currency.
> Now what coins are centralize No.1 Ethereum if we are check the record of ETH it was growing huge in few months and defiantly this effect on local country currency if this will happen for long term in that case may be Local country Government can stop that coins Total Management.So at last according to this study Centralize can create a Danger zone for crypto currency market.
> Now we talk about decentralize coin this coin is based on open market mean a single person create a open source software for any coin Like BITCOIN and spread in open market in that case if coin price actively grow and effect in any country Currency in that case Government can't do any thing like in case of Bitcoin.
So many country Government want to stop this in 2010 to 2012 period but they can't stop Bitcoin because of the decentralize technology.Because now one now where these coins are Mining and where is the main server. So i'm just want to say in last invest in Decentralize crypto coins that will grow and give to maximum profit without and break.
Now after huge success of Bitcoin approx 1600 Crypto coin currencies and near about 10000 markets for trading. But what coins are beneficiary for us as a investor we need to know it.
First of all what is centralize coins that mean this is under an organisation that working under any country government . Now what is the benefit and loss of centralize coin. Suppose if any crypto currency effect on that local country Government's currency in that case country government can stop that crypto currency.
> Now what coins are centralize No.1 Ethereum if we are check the record of ETH it was growing huge in few months and defiantly this effect on local country currency if this will happen for long term in that case may be Local country Government can stop that coins Total Management.So at last according to this study Centralize can create a Danger zone for crypto currency market.
> Now we talk about decentralize coin this coin is based on open market mean a single person create a open source software for any coin Like BITCOIN and spread in open market in that case if coin price actively grow and effect in any country Currency in that case Government can't do any thing like in case of Bitcoin.
So many country Government want to stop this in 2010 to 2012 period but they can't stop Bitcoin because of the decentralize technology.Because now one now where these coins are Mining and where is the main server. So i'm just want to say in last invest in Decentralize crypto coins that will grow and give to maximum profit without and break.
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