Decentralization – does it actually matter?
5. September 2022Crypto is currently learning what a bear market is while the economy is about to face a recession. Ethereum is going through its second bear market whereas Bitcoin has done this about five times already. Many of the altcoins are down 90% or more, and we have just experienced the collapse of an entire blockchain ecosystem as well as the wipe-out of a top 5 coin. In our whitepaper, we focus on what is core to blockchain and its applications: Decentralization. The architecture that is core and part of so many buzzwords like Decentralized Governance, Decentralized Finance (DeFi), Decentralized exchanges (DEX), and Decentralized Applications (dApps).