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Uniswap labs owns the GitHub repo, domain name, and discord servers. If their domain, discord, etc disappears, the project would struggle because their smart co

by itake 4y ago

Uniswap labs owns the GitHub repo, domain name, and discord servers. If their domain, discord, etc disappears, the project would struggle because their smart contracts are difficult to use without the web apps and it would damage the trust in the project. Uniswap owners can shut down their website. They can introduce a 100% fee. They can deactivate their contracts. Yes, people can still use their smart contracts in 5 years, but the adoption of those contracts will quickly decline without uniswap labs.

EGreg 4y ago
So what you're saying is that we need a front-end layer with content-addressable hashes? Like Beaker Browser with Dat, or like IPFS gateways? And then we have a truly decentralized ecosystem in which billions of dollars are invested and trading. And no one owns it! They can't introduce a 100% fee or deactivate their contracts. I read the code. It is impossible.
- itake 4y ago
  Yes. I said in my first comment that you can use other tools to access smart contracts. My point is, all of these tools have central leadership and centralized auxiliary services (DNS, discord, etc). Without the centralized leadership or centralized services, these protocols can’t function.
  - EGreg 4y ago
    DHTs arent centralized. As I said there needs fo be a front end that is based on DHT. Freenet. Beaker Browser. IPFS. Why not?
  - miracle2k 4y ago
    While its worth considering the power structures behind a project, and what would happen for example if Uniswap Labs decides to put their weight behind a particular fork, or proposes a new version - the protocols can and d function without centralized leadership. Even today, every wallet's swap feature is already an aggregator across multiple DEXes - neither theU Uniswap website nor their discord nor their leadership team are required for the protocol to continue to function. Reminder: TornadoCash is still up and running and actively used.

by itake 4y ago

EGreg 4y ago

So what you're saying is that we need a front-end layer with content-addressable hashes? Like Beaker Browser with Dat, or like IPFS gateways? And then we have a truly decentralized ecosystem in which billions of dollars are invested and trading. And no one owns it! They can't introduce a 100% fee or deactivate their contracts. I read the code. It is impossible.

itake 4y ago
Yes. I said in my first comment that you can use other tools to access smart contracts. My point is, all of these tools have central leadership and centralized auxiliary services (DNS, discord, etc). Without the centralized leadership or centralized services, these protocols can’t function.
- EGreg 4y ago
  DHTs arent centralized. As I said there needs fo be a front end that is based on DHT. Freenet. Beaker Browser. IPFS. Why not?
- miracle2k 4y ago
  While its worth considering the power structures behind a project, and what would happen for example if Uniswap Labs decides to put their weight behind a particular fork, or proposes a new version - the protocols can and d function without centralized leadership. Even today, every wallet's swap feature is already an aggregator across multiple DEXes - neither theU Uniswap website nor their discord nor their leadership team are required for the protocol to continue to function. Reminder: TornadoCash is still up and running and actively used.