Centralized

Von CoinGecko | Aktualisiert am Mar 03, 2020
An organization structure wherein a small handful of actors have control over the entire network. In the context of Bitcoin, it is usually used to describe the centralization of mining power that has been concentrated in the hands of major mining equipment producers.

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Verwandte Begriffe

Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Staking
The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.
Wash Trade
Meaningless back and forth trading between a single party with the aim of inflating trade volume.
IPO
Initial Public Offering (IPO) refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors.
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