Decentralized Currency
Decentralized currency is a way to send and receive money directly between people without needing a bank or other middleman.
More terms under D
- Decentralized Autonomous Initial Coin Offerings (DAICO)A DAICO is a way for projects to raise money in a decentralized manner. It allows contributors to have a say in how the project is managed and gives them the…
- Decentralized Autonomous Organization (DAO)A Decentralized Autonomous Organization (DAO) is a group that runs on the internet without a central leader. Decisions are made by its members using smart…
- Decentralized Autonomous Organizations (DAO)A decentralized autonomous organization (DAO) is a group that operates on the internet using rules written in computer code and smart contracts on a…
- Decentralized DatabaseA decentralized database is a type of storage system that spreads data across many different computers instead of keeping it in one place. This makes the data…
- Decentralized DerivativesDecentralized derivatives are financial products that allow people to manage risks and speculate on price changes, similar to traditional derivatives, but they…
- Decentralized Exchange (DEX)A decentralized exchange (DEX) is a platform where people can trade cryptocurrencies directly with each other, without relying on a middleman or central…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.