What is decentralized digital currency? Back to list

Member SinceJul 08, 2021

Posts 588


Aug 05, 2022 a 02:26
Different types of cryptocurrency are included in decentralized digital currencies. The primary distinguishing characteristic of such an alternative currency is the fact that it is not regulated by a central government regulation.

Due to the decentralized ledger of trades supported by a peer-to-peer (P2P) network, participants can confirm trades without a central clearing authority. Bitcoin and Ethereum are two examples.

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