Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on November 08, 2018, 02:04:57 AM
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One of the amazing features of the Blockchain technology is its decentralized nature. This is what makes a lot of people patronize this revolutionary technology because it eliminates all central authoritative third parties, hence provides simple and faster payment methods. Centralization always delay transactions due to the long steps following bureaucracy.
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I prefer decentralization, if I buy coins or tokens in a centralized exchange, everyone cannot see the details of your transaction.
I think decentralization is better used as you say, there is no third party and we fully regulate it, it's safer and more comfortable.
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Market or Exchange Cryptocurrency, often having problems related to the security of their systems. Bitcoin and other cryptocurrency with decentralization, are contrary to the existence of this third party Bitcoin Market.
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I use both of them to make a token transaction that I have. And each has advantages and disadvantages. As long as I can sell tokens I will not be picky. But to trade prefer to use a centralized exchange.
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In my opinion both have advantages and disadvantages. This means that whatever we will use to centralize or decentralize as long as it makes us comfortable and safe in using it, I don't think that is a problem. Because in the end, it depends on the individual to decide, which we will use centralization or decentralization.
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I think that is a no-brainer when asking on a cryptocurrency related forum. In terms of exchanges though, many still prefer to use centralized platforms mainly because of volume and maybe "security"
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For me both of them are useful they have a specific role to play, the issues is my token should be sold , that is what am after. Although in decentralization people can not really view your transaction. But in exchange I prefer centralization.
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Decentralization, no doubt on that. I don't understand why people want to add another one into the chain from creator to consumer. I don't want to be hanged by one person's words.
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I also preferred decentralized exchange, transactions and etc. Decentralization is one of the best feature that I saw on blockchain technology.
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I prefer decentralized, some centralized are just nothing good to write about.
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I think for me both are essential. Both have advantages and disadvantages. Both are just like a part of a coin. If one is the head and other is the tail.For different type of transaction both are required.
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I prefer decentralization because it is safer, more comfortable, less hassle, no third party and no bureaucracy.
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One of the amazing features of the Blockchain technology is its decentralized nature. This is what makes a lot of people patronize this revolutionary technology because it eliminates all central authoritative third parties, hence provides simple and faster payment methods. Centralization always delay transactions due to the long steps following bureaucracy.
Of course I prefer decentralize system.No one can controll the value of crypto currency. I like it.
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Decentralization is always the best, no central authority, no dissemination of ur personal data and has high security
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decentralized for sure
i ever had experience with 2 of them
decentralized is better for me, there is no 3rd party of component that can control that exchange
and i think they have better security
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With the decentralization system I am more free to manage the assets that I have, and do not feel bored with the rules of third parties, that is the reason I prefer decentralization.
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Both are good. Each has its own pros and cons.
Which is more affordable to use , depends on the situation.
You are right, Centralized exchange is good, but it has no fiat pair.
You can trade your crypto asset to fiat there.
Which one do you prefer, centralization or decentralization?
I prefer both
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Decentralized is much better if the admin doesn't care to know their costumers. Centralized is much better if the admin are to strict and more concern about to know their costumers. Both are good base on particular place and culture. It is also good if both are combined to serve much better tracking.
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Decentralized and Centralized I think both share different rules which may be applicable to the project which they embark on even though one is more preferably to easily accessible by people without long process which is decentralized.