The Advantage of Decentralised Platforms
Coinxes P2P News
Definition of decentralisation:
Decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group. (Thanks Wikipedia)
Definition of centralisation:
Centralization by which the activities of an organization, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group.
What has this got to do with a crypto-exchange platform?
A centralised platform will store all of its data and process all transactions in one centralised server.
This can have unfortunate consequences. In the modern world hacking is a real problem and traders can no longer afford to risk their hard earned returns.
Decentralised exchanges remove this issue. Highly resistant to hacking they store their information and process transactions on a peer-to-peer protocol. This also prevents fake trading volumes and price manipulation.
With the mainstreaming of crypto-currencies and the higher demand for security, decentralised exchanges (DEX) are the future!
Join the revolution!