The link provides a comprehensive breakdown. In a nutshell, centralized platforms are controlled by a single entity, offering convenience but compromising decentralization ideals. Decentralized marketplaces use blockchain, ensuring transparency and eliminating the need for intermediaries. Each has its pros and cons, influencing factors like security, ownership, and user experience.
Check out this link for insights: https://www.techdee.com/centralized-vs- ... rketplace/
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