Cryptocurrency Q&A Which coin is truly decentralized?

Which coin is truly decentralized?

Valeria Valeria Mon Nov 04 2024 | 5 answers 1419
I'm interested in finding out which coin can be considered as truly decentralized. There are so many options in the cryptocurrency market, and it's important for me to understand which one really adheres to the principles of decentralization. Which coin is truly decentralized?

5 answers

Elena Elena Wed Nov 06 2024
Transactions made on the Bitcoin network are not controlled by any single entity.

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SamuraiWarrior SamuraiWarrior Wed Nov 06 2024
Bitcoin operates on a decentralized framework.

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CryptoPioneer CryptoPioneer Wed Nov 06 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options, catering to the diverse needs of crypto enthusiasts.

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benjamin_doe_philosopher benjamin_doe_philosopher Wed Nov 06 2024
This means that there is no central authority overseeing its operations.

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Silvia Silvia Wed Nov 06 2024
Instead, the entire network is powered by a global community.

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