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Actually the term does have meaning: https://en.wikipedia.org/wiki/Cornering_the_market https://en.wikipedia.org/wiki/Cornering_the_market "Although there hav
by staplers 9y ago
Actually the term does have meaning:
https://en.wikipedia.org/wiki/Cornering_the_market https://en.wikipedia.org/wiki/Cornering_the_market
"Although there have been many attempts to corner markets by massive purchases in everything from tin to cattle, to date very few of these attempts have ever succeeded; instead, most of these attempted corners have tended to break themselves spontaneously."
- StavrosK 9y agoWhether a cryptocurrency is centralized or decentralized has a specific technical meaning, namely whether a party is, by design, in control of the security or trust of the currency and can unilaterally make decisions. By that definition, Bitcoin is decentralized and Ripple is not.