Carlo
Sun Dec 15 2024
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7 answers
1689
Does bitcoin have a central authority?
I'm curious about the structure and governance of Bitcoin. Specifically, I want to know if there's a central authority or entity that controls or oversees the Bitcoin network.
Elena
Wed Dec 11 2024
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7 answers
1392
Does 21bitcoin have a central authority?
I'm curious about 21bitcoin and its structural setup. Specifically, I want to know if it has a central authority controlling its operations.
CryptoQueenBee
Thu Oct 03 2024
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7 answers
1573
Can P2P be trusted?While P2P platforms use escrow services for security, the risk is generally higher due to the lack of a central authority. Traditional trading platforms are regulated and have security measures, but they can still be targets for hacks.
Could you elaborate on the trustworthiness of P2P platforms? While they employ escrow services to ensure safety, are there inherent risks given the absence of a central governing body? Conversely, regulated traditional trading platforms possess security measures, yet they remain vulnerable to cyber threats. How does one weigh these factors when considering the trustworthiness of a platform?
