Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: troll on November 25, 2017, 04:08:19 PM
Title: What does it mean to be decentralized?
Post by: troll on November 25, 2017, 04:08:19 PM
EtherDelta is a decentralized trading platform. That means there's no central party holding your funds. You and only you control your deposit and whether you want to trade with it or withdraw.
Title: Re: What does it mean to be decentralized?
Post by: Munareal on November 26, 2017, 03:29:56 PM
Decentralization makes the utilization of the services of exceptionally talented people. We have people coming out with different ideas for coin creations of which we have over 1000 coins. This will not have been possible in our society where we have the central bank and government .
Title: Re: What does it mean to be decentralized?
Post by: test1234 on November 30, 2017, 11:07:36 PM
Means there are no servers to hack and steal your data ...
Title: Re: What does it mean to be decentralized?
Post by: Cordillerabit on December 13, 2017, 01:11:25 PM
decentralized means that not one single entity has control over all the processing