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> I think you're missing the point. The fact that one man can bring the whole of Ethereum trading to a halt with an announcement really demonstrates just how mu
by wolfgke 10y ago
> I think you're missing the point. The fact that one man can bring the whole of Ethereum trading to a halt with an announcement really demonstrates just how much power he has.
The reason for this is that ethereum exchanges are not decentralized and the "program" that the owners of the exchanges execute on their brains partly allows "dynamic mental code update" by Vitalik Buterin.