Centralised
Definition:
Where a service is provided by a business running a central order book, hosting on central servers and generally run by one or a small group of individuals with decision making power. The opposite of decentralized.
Degen Chat
Degen 1: “Did you see that Solana is down again?”
Degen 2: “Yeah, I heard the CEO had to restart the blockchain… just shows how totally centralized it is.”
« Dictionary Menu