How is a centralized cryptocurrency still considered a cryptocurrency ? For my newbie understanding of the blockchain concepts, it should all be decentralized...
they are not mutually exclusive,many (too many for my liking) cryptocurrencies are centralized
the main examples here would be Ripple,NEO,Cardano,IOTA and NEM
all of them belong to top 20 according to coinmarket,yet they are cryptocurrencies and quite successfull as well
funnily enough,Ripple's CEO insists it is not centralized:
"Ripple is not centralized. To be clear, if Ripple disappeared today XRP would continue to function. To me thats the most important measure of whether something is decentralized."