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Topic
Board Beginners & Help
Re: Are centralized cryptocurrencies safe?
by
mdayonliner
on 01/05/2018, 06:47:54 UTC
A centralized cryptocurrency is usually safer for its users in terms of hacking, but how about possible Government restrictions?

Are they easier to ban?

ImageLoading...


So if you destroy the centre of A then all gone but for B you will need to destroy each and every node. For me A is easier and the same for others.

Update:
@mdayonliner (B) has a central body too, where did you get that image?
If those were Bitcoin Nodes, it will look like a haywire. (each dot should have a line connected to each of all the dots)
I took it from google and now realised it has been presented wrong. Just updated it.

PS: For readers, previous image was this one (<==== wrong one)