All CEX tokens are centralized. I also consider Tether to be centralized. Actually it is hard to find a cryptocurrency that is decentralized except Bitcoin.
As long as you're transparent decentralization does not matter.
Topic: The most centralized cryptocurrency? - page 3. (Read 482 times)
For me I am just concerned about the little profit a coin can produce within a short space of time while a move on to other projects. If a coin is decentralized I might decide to invest more that doesn't mean I tend to neglect other centralized tokens but I invest with huge risk management so as to minimize my losses and maximize my profits
I think the most centralised cryptocurrency is cryptocurrency that is not fairly distributed, has a single point of failure and can not be access by anyone at anytime. Some people say xrp is the most centralized cryptocurrency, while some argue it is binance coin. No matter the opinion out there, the centralized cryptocurrency is not good for openness and transparency we hold dear in cryptocurrency community.
All trading platforms expect the DEX are centralized. binance and co are all centralized exchanges. there are advantages and disadvantages of using these exchanges. the advantages it they charge little fees for trading while the disadvantage is that your money is exposed to exploit. you can loose your funds if the exchange got attacked. exchange might decide what to do with your funds.
Will decentralized counterparts ultimately prevail?
They won't. True decentralization is very expensive and unscalable. Its not like bitcoin have around 5 TX/s because bitcoin is old tech that will sooner or later die. Its because thats pretty much what you can have with 100% decentralized chain secured by proof of work. Always when you try to scale up your chain you need to give a little bit of decentralization in return. And we need both decentralized and semi-centralized for different purposes. For storing value we need safe - full decentralization (BTC, ETH). For fast, cheap, efficient swaps we need semi-centralized chains (BNB). Fully centralized chain ... I don't think we need that - its just inefficient alternative for "excell sheet".
The most centralized chain - XRP.
~ Why do you think such cryptocurrency is centralized?
Some reasons are having someone at the top that can stop/control the entire network and it's hosted on centralized servers. Others might also add the lack of blockchain transparency (closed source).Will decentralized counterparts ultimately prevail?
You'll have to point out these decentralized counterparts.I don't know of any decentralized BNB, XRP, or STEEM. 
Ever since Bitcoin launched, a plethora of altcoins came along with it. Most of the cryptocurrencies are decentralized, but there are a few which are "bad eggs". Depending on the consensus algorithm used, the cryptocurrency can be either decentralized, semi-centralized, or completely centralized. Some say XRP (Ripple) is heavily centralized, while others say it is Binance Chain (BNB). Most people don't care about decentralization as long as they're able to make money with crypto in the least time possible.
That said, I'm curious to know which cryptocurrency is the most centralized in the world today. Is it XRP, Binance Chain, or STEEM. Why do you think such cryptocurrency is centralized? Will decentralized counterparts ultimately prevail? Your input will be greatly appreciated. Thank you.
That said, I'm curious to know which cryptocurrency is the most centralized in the world today. Is it XRP, Binance Chain, or STEEM. Why do you think such cryptocurrency is centralized? Will decentralized counterparts ultimately prevail? Your input will be greatly appreciated. Thank you.
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