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Is cardano decentralized?

Answers (1)

Arsalan Afzal
Feb 15, 2022 12:17:37

There's a lot of debate on this topic, but to answer your question - yes, cardano is decentralized. In fact, it's considered to be one of the most decentralized cryptocurrencies in existence. This is because it uses a unique protocol called Ouroboros which allows for Proof of Stake voting instead of the more common Proof of Work protocol used by Bitcoin and many other cryptocurrencies.

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