A central authority is an entity that holds centralizedAn organizational structure wherein a small handful of actors have control over the entire network. In the context of bitcoin,... Read More control over something, such as a financial exchangeA digital marketplace where you can buy and sell cryptocurrency. Read More, asset, or transactionA transaction is a record of an event that occurred in the past. Transactions typically occur during the course of... Read More. A central authority may be an entity such as a company, organization, or government.
