Quote from: joniboini on September 14, 2020, 07:31:31 AM

Quote from: Yogee on September 14, 2020, 05:07:36 AM

When we say P2P, it doesn't automatically mean that it's decentralized. Many of us are still confused with this.

I think it's a matter of preference. Some traders probably refers decentralized when they don't have to store KYC and stuff like that when they use the platform. It's not entirely wrong imo, as long as both parties understand what they're trying to do.

It's still wrong and people who think it's the same are still misinformed or uninformed. P2P platforms allows trade between two parties without the exchange interference but that doesn't qualify them as decentralized when their servers are centralized.

These traders who refers an exchange not storing personal information for KYC as DEX probably thinks Yobit as decentralized too hehe.

Quote from: o_e_l_e_o on September 14, 2020, 09:26:47 AM

.......
There is a problem with a lot of exchanges using the word "decentralized" as a marketing tool and gimmick, when in reality they are not decentralized at all. Sites like LocalBitcoins and IDEX which claim to be decentralized, and yet users have to deposit coins to their custodial wallets and complete KYC. Complete nonsense.

This!