centralization

It's more than just another DeFi headline. It's a flashing neon sign pointing directly at the elephant in the (decentralized) room – the centralization theater that plagues so much of the DeFi landscape. Sure, we hear the buzzwords: "decentralized," "trustless," "permissionless." But scratch the surface, and you’re frequently left with...

The headlines shouted “Funds Recovered!” and “Hacker Returns Stolen Crypto!”. ZKSync supporters breathed a sigh of relief. Beneath the surface of this seemingly happy ending lies a chilling truth: the very mechanism that allowed for the swift recovery exposes a critical flaw in the system's design. A $5 million hack,...

We're told DeFi is the Wild West. Untamed. Risky. What if the greater risk isn’t in the decentralized wild west, but rather the concentrated hand of CeFi? What if, in our zeal to regulate DeFi out of existence, we lose sight of the ticking time bomb that is centralized crypto...

We're sold a dream, aren't we? Decentralized Finance. DeFi. The promise of a new financial world liberated from the caprices of central banks and shadowy corporate paypals. Let's be honest with ourselves: are we truly decentralized, or are we just swapping one set of centralized gatekeepers for another, slicker, more...