Post
Topic
Board Altcoin Discussion
Re: Centralization vs. Decentralization
by
Beparanf
on 08/10/2023, 13:48:02 UTC
But, do we need to acknowledge that both can coexist? Are there situations where centralization could be beneficial? Can there be a balance?

They are proven coexist since there’s a lot of decentralized that is now being centralized through the use of different medium such as exchange to regulate assets that was supposed to decentralized through the use of KYC to all customers. It’s not directly centralization towards the decentralized token but rather through the user holding it or purchase through exchange because it removes privacy of owning that particular token since it can be tracked through the use of blockchain record from exchange.