Sentences with phrase «decentralized means of exchange»

Critics point out that one of the fundamental ideas behind the creation of cryptocurrencies was their decentralized means of exchange.

Not exact matches

Cryptocurrencies are decentralized digital currencies designed to work as a means of exchange.

As used herein, «Digital Currency» means a digital asset (also called a «cryptocurrency,» «virtual currency»), such as, but not limited, bitcoin or ether, which is based on a cryptographic protocol (s) of an electronic system that may be (i) centralized or decentralized, (ii) proprietary or open - source, and (iii) used as a medium of exchange and / or store of value.

Decentralize exchanges also have a decentralized infrastructure which means that the computer, storage and data transfers are spread across thousands to tens of thousands of nodes or miners around the world.

In what follows trading on the decentralized exchange will be detailed and explained by means of examples.

The leveraging of decentralized exchange technology (DEX) by Oxygen will enable all market participants to benefit from CryptoRepo — from individuals to institutions, providing them with the means to make their crypto assets work harder.

Cryptocurrency exchanges are considered a crucial part of the decentralized economy, as their development means a more wider market penetration for the cryptocurrencies themselves.

Decentralized exchange servers are distributed, which means their servers are spread out so that there is no risk of a server downtime.

These exchanges held by the centralized companies and breaking the fundamental characteristics of cryptocurrency which meant to be fully crypto and decentralized.

the adjective «fully» in regards to «secure storage of Bitcoin wallets» means that an exchange must hold the private key of a Bitcoin wallet it does not address how this would even be possible with a decentralized exchange.