Is centralized or decentralized crypto better?
Decentralized exchanges offer more control than centralized exchanges because they use peer-to-peer systems that give users full control of their accounts. Centralized exchanges give their platforms greater control over their users, which is why DEXs have become so popular today.
Which type of crypto wallet is most secure?
The biggest reason why decentralization is better than centralization is the flexibility and data to adapt to market demands quickly. In The Lean Enterprise, Barry O'Reilly shows the benefits of managing by hypothesis.
Why is decentralized better than centralized?
A centralized cryptocurrency exchange is a site that maintains an orderbook and holds reserves within its own vaults. Examples of centralized platforms include Coinbase, Binance, and Kraken. A decentralized crypto exchange, or DEX, is a protocol for swapping coins that doesn't take control over your funds.