Cryptocurrencies are decentralized that are used to empower their holders and reduce their reliance on government infrastructure.
However, the rise of exchanges has skewed this, as a large proportion of holders now keep their funds on platforms.
Cryptocurrencies, for the most part, are decentralized digital assets that are used to empower their holders and reduce their reliance on government infrastructure, centralized payment processors, and banks.
However, the rise of cryptocurrency exchanges has skewed this purpose, as a large proportion of cryptocurrency holders now keep their funds on these platforms—which are beginning to form the banking infrastructure for digital assets. As we’ll now see, this is problematic from a security, sovereignty, and privacy standpoint.
Lol. Did you just copy the same sentence twice? You better provide the link you got this post before someone else does and report you for plagiarism.
If this is your own post, then share proof that a large portion of holders keep their funds on exchanges. The rise of these centralized exchanges never really skewed decentralization imo. It's the holders themselves who "skewed" decentralization by choosing centralized platforms.