Closed center systems.
You can tell if you have a closed center system, because they usually have an accumulator in the system, and all the valves are in parallel. The pumps are usually smaller. Closed centers system are not used for attachments that require large volumes of fluid. If you think you have a closed center system, put a pressure gage in the input line to the valve, and you will have max pressure as long as the tractor is running. The out flow from all the valves can dump into a single line, and back to tank. When you shut down a closed center system, there is pressure in the accumulator, and has potential for moving cylinders and such until the fluid bleeds off. There may be an accumulator dump valve somewhere that can be operated for safety. There may also be a problem with heat buildup, as the gear pump is running constantly, and after the pressure is satisfied, the fluid is relieved/unloaded back to tank.
The danger in not knowing about the closed center system is that some unknowing person might use a wrench to loosen a fitting, and get hyd spray in his eyes, or elsewhere.
One good advantage I can see is you can use any or all valves at the same time, but will have reduced operation at any one valve. If say, all three valves were the same, and you had 12 GPM. Then all valves would have to support 12 GPM. Now as you operate two valves, the volume is split 6 and 6, and if you operated all three, the volume would be split 4-4-4 GPM