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  2. Bitcoin May Not Be as Decentralized as You Think. Why ... - AOL

    www.aol.com/bitcoin-may-not-decentralized-think...

    Greater centralization of the Bitcoin network may be required if Bitcoin is ever going to tip into the mainstream. Bitcoin May Not Be as Decentralized as You Think. Why That's a Good Thing.

  3. Bitcoin - Wikipedia

    en.wikipedia.org/wiki/Bitcoin

    Bitcoin (abbreviation: BTC; sign: ₿) is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown person. [5] Use of bitcoin as a currency began in 2009, [6] with the release of its open-source implementation. [7]: ch. 1 In 2021, El Salvador adopted it as legal tender ...

  4. Digital currency - Wikipedia

    en.wikipedia.org/wiki/Digital_currency

    Digital money can either be centralized, where there is a central point of control over the money supply (for instance, a bank), or decentralized, where the control over the money supply is predetermined or agreed upon democratically.

  5. Virtual currency - Wikipedia

    en.wikipedia.org/wiki/Virtual_currency

    The business issuing the coupon functions as a central authority. ... A virtual currency can be decentralized, for example bitcoin, ... Centralized versus decentralized

  6. Explainer: What common cryptocurrency terms mean - AOL

    www.aol.com/finance/explainer-common-crypto...

    Bitcoin uses a proof-of-work system, a process that consumes significant energy and resources. Smart contract Self-executing contracts with the terms of the agreement directly written into code.

  7. The next phase of DeFi: Fintechs and exchanges will ... - AOL

    www.aol.com/finance/next-phase-defi-fintechs...

    Centralized exchanges, like Coinbase and Binance, have offered debit cards while more fintech companies, like Revolut and Robinhood, are building or acquiring crypto onramps and exchanges. This ...

  8. Cryptocurrency exchange - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency_exchange

    A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies ...

  9. Bitcoin would need over 300 days of downtime to adequately ...

    www.aol.com/finance/bitcoin-over-300-days...

    But for decentralized cryptocurrencies, implementing new encryptions is no cakewalk. With 275 million Bitcoin investors on a platform with no centralized authority, no one entity can introduce an ...

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