A new trend has begun to emerge in the world of cryptocurrency. Various new coins and tokens have an underlying “freeze asset” function. Although this feature has proven useful in certain cases, it also highlights the high degree of centralization associated with these projects. Coin Freezing Features Are Oddities On […]
Tag: centralization
Vitalik Buterin Blasts Centralized Cryptocurrency Exchanges
Cryptocurrency exchanges are a vital aspect of this industry. Although they make it more convenient for consumers to embrace this new form of money, there are a lot of concerns associated with these centralized platforms. Vitalik Buterin is convinced that these companies are a problem and should burn in hell. […]
EOS CTO Claims it Takes Three Parties to Reject Ethereum Transactions
It has become apparent that there is a lot of friendly competition among existing and new blockchain projects. In most cases, competition is a good thing, as it leads to innovation. However, the ongoing spat between EOS and Ethereum supporters is taking an interesting turn. Centralization is always a big […]
EOS Constitution Violated
Seemingly every single day, there is some new drama related to the recently-launched EOS blockchain. The record-setting US$4 billion ICO has made its way into the limelight once more with a recent move by blockchain producers (BPs) to freeze seven user accounts. The EOS blockchain is perhaps the most confusing […]