Introduction: The rise of cryptocurrencies has been nothing short of phenomenal. Since the introduction of Bitcoin in 2009, the digital currency market has grown exponentially, with thousands of cryptocurrencies now in circulation. However, there is an ongoing debate in the crypto community about the best approach to the design of digital currencies. On one side of the spectrum, there are centralized cryptocurrencies, while on the other, there are decentralized cryptocurrencies. Both have the...