Bitcoin uses centralized application - specific integrated circuits (ASICs). (profitconfidential.com)
The use of cryptocurrency technology further removes all the geographical and currency restrictions faced by other centralized applications operating along similar lines, while confining themselves to fiat currency. (dailybitcoinnews.com)
In this section, we are going to take a look at three applications on the Ethereum network and see how they compare to traditional, centralized applications and models. (coolwallet.io)