Phrases with «decentralised currency»

"Decentralised currency" is a phrase used to describe a form of money that isn't controlled or regulated by any central authority, like a government or a bank. Instead, it operates on a decentralized network of computers, using advanced technology called blockchain. This means that everyone connected to the network can participate in managing and verifying transactions, ensuring transparency and security without relying on a single authority. Full definition

Sentences with «decentralised currency»

  • The «decentralised convention for decentralised currency» in Nigeria is among other CoinFest events occurring... (bitcoinafrica.io)
  • «As most traders already know, Bitcoin was the world's first decentralised currency and, until recently, it could only be traded on a Bitcoin Exchange. (smnweekly.com)
  • Regardless of this, the coin has gained genuine respect among the bitcoin community due to its unique cryptographic algorithms and the promise to become the first truly anonymous decentralised currency in wide use. (coinfox.info)
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