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Multiple DeFi platforms exist. Some are mostly decentralized, others only use DeFi as a marketing buzzword. Some of these are actually centralized, but it doesn
by birracerveza 4y ago
Multiple DeFi platforms exist. Some are mostly decentralized, others only use DeFi as a marketing buzzword. Some of these are actually centralized, but it doesn't mean all of them are.
- throw101010 4y agoIn agreement with GP, Solana and other very centralized networks should have to earn their way into the term DeFi. It's hard to quantify but a network that can be "paused" by few devs and relying on the existence of a registered company clearly don't fit this term.
- klabb3 4y agoYeah. I don't get why bother at all with the blockchain when a simple dB would be even superior, then they can prototype away and migrate to decentralized later, if anyone even wants that. Decentralization shares the "weakest link" property with cyber security: you don't get the benefits of you only do half of it.