Читать книгу Cryptocurrency All-in-One For Dummies - Peter Kent, Kiana Danial - Страница 35

Decentralization

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The whole idea behind blockchain technology is that it’s decentralized. This concept means no single entity can affect the cryptocurrencies.

Some people claim cryptocurrencies such as Ripple aren’t truly decentralized because they don’t follow Bitcoin’s mining protocol exactly. Ripple has no miners. Instead, transactions are powered through a “centralized” blockchain to make it more reliable and faster. Ripple in particular has gone this route because it wants to work with big banks and therefore wants to combine the best elements of fiat money and blockchain cryptocurrency. Whether non-mineable currencies such as Ripple can be considered true cryptocurrencies is up for discussion, but that fact doesn’t mean you can’t invest in them, which is the whole purpose of this book anyway!

Cryptocurrency All-in-One For Dummies

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