What is a Decentralised Market?

May 10, 2021 1 min read

A cryptocurrency market is typically decentralized, which means that the technology enables participants to directly deal with each other instead of trusting a centralized authority, such as a bank. If everything works as it should, then people do not need to be in the same place to make a transaction go through, i.e. they only need to be connected to one node of the network which will pass on their data. A decentralised market is a good example of a peer-to-peer network.

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