Post
Topic
Board Beginners & Help
Re: What should P2P on centralized exchanges should be called?
by
Nwada001
on 30/07/2023, 10:25:06 UTC
if we use our own invented language on the forum, the newbies will get even more confused.
P2P will remain what it is, but you always have the right to use it on which exchange. It's good to be skeptical, but it's always better to use simple things that have been invented for a long time without racking your brains over names.

This is exactly what I was thinking, too. I know what I went through to get used to some popular words here in this forum before I became familiar with them, and I can now easily flow with them when I come across them being used to make a comment, which shows that I have been learning and adopting. P2P is an already-known word, and it's been used for years now to represent transactions that concern two parties exchanging goods or products, irrespective of which platform is being used.

To someone who knows the true purpose and meaning of decentralization, You know what your own definition of P2P should be; using the name for both exchanges, P2P, does not change your beliefs. We can give those P2P exchanges a personal name that best describes how we view them, but making it a thing of being generally accepted or suddenly replaced over night is what I don't see happening.