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Decentralization Explained in One Minute: Bitcoin vs. AltcoinsEthereum's public distributed ledger can issue tokenised voting rights that are tradable on crypto-asset exchanges by potentially anyone. Ongoing research explores ways to make the Bitcoin and Ethereum networks more decentralized without measurements on the underlying network. BTC stands for bitcoin; ETH stands for ether: USDC stands for. USDCoin; USDT stands for Tether; DAI stands for Dai; FRAX stands for Frax; UST.