What is the meaning of Centralized and Decentralized. I know it's a very very old question but i want to know more properly. I really appreciate if someone tell me about what is really meaning of Centralized and Decentralized (in easy way 
). And what is the different between Centralized and Decentralized Platform. Which one is good for regular people...?
-TIA
From what I understand if an exchanges or trading platform is centralized you have to do KYC or Know Your Client. It means that your personal informations and details are going to be submitted to an exchanges and decntralized is free from submitting any information about yourself.). And what is the different between Centralized and Decentralized Platform. Which one is good for regular people...?-TIA