A centralised application or a platform means something that has a central and single governing authority. It means that one person has complete control over it. The US dollar is a centralised currency. Indian Rupee is a centralized currency. However, cryptocurrencies are not centralised authority. They are decentralised. And now, decentralized applications are those applications that are built on the blockchain platform. However, it is not always necessary that decentralised applications have to run on the blockchain network. They are a peer to peer network and hence eliminates the middleman or the third person.
It is not compulsory that they run on the blockchain network. If you want to know more about the Achain Decentralised Applications or apps, then visit the Cryptoknowmics website for more information on this. It is a platform that gives you hourly crypto news and keeps you updated with everything that is taking place in the crypto space and blockchain industry. You can get answers to all your crypto news and queries. When you follow the crypto news calendar from Cryptoknowmics you never miss out anything on any event or any news. Know everything that you should know about the crypto world at the Cryptoknowmics website.
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