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It technically still is a crypto-currency, just not a decentralized one.
by VMG 13y ago
It technically still is a crypto-currency, just not a decentralized one.
- dllthomas 13y agoWould you call Chaum's eCash (http://en.wikipedia.org/wiki/Ecash http://en.wikipedia.org/wiki/Ecash) a crypto-currency?
- wlievens 13y agoOh, like PayPal?
- VMG 13y agoNo, PayPal controls the complete funds of every individual. Even with a centralized crypto-currency, only those transactions are valid that have your cryptographic signature. The centralized trusted third party only decides on the order of transactions.