#CEXvsDEX101
Comparison: Centralized vs. Decentralized in Blockchain
🔷 Centralized Projects
Examples: Binance, Coinbase.
-✅ Pros:
- Speed: Fast transactions (e.g., 1M+ TPS on Solana).
- Ease: Intuitive interfaces and customer support.
- Interoperability: Integration with traditional systems (banks, PayPal).
❌ Cons:
- Risk of censorship: Control by a single entity (e.g., freezing accounts).
- Vulnerable to hacks: If the central server is attacked (e.g., Mt. Gox).
🔶 Decentralized Projects
Examples: Bitcoin, Ethereum, Uniswap.
-✅ Pros:
- Censorship-resistant: No entity controls the network.
- Transparency: Public data on the blockchain.
- Self-custody: You control your funds (private keys).
❌ Cons:
- Slowness: Bitcoin processes ~7 TPS; Ethereum ~30 TPS.
- Complexity: Key management and irreversible errors.
⚖️ Conclusion
- Centralized: Ideal for beginners (security and usability), but with the risk of external control.
- Decentralized: Maximum sovereignty, but requires technical responsibility.
> Your choice depends on priorities: convenience vs. autonomy!