Post
Topic
Board Development & Technical Discussion
Re: Understanding Centralized Cryptocurrency
by
odolvlobo
on 28/05/2018, 07:34:43 UTC
How is a centralized cryptocurrency still considered a cryptocurrency ? For my newbie understanding of the blockchain concepts, it should all be decentralized...

I don't think there is a standard definition of a cryptocurrency, but I think that a central feature is the use of cryptographic signatures in order to ensure the integrity of the ledger. This feature is necessary whether the ledger is decentralized or not.