RE: Hive Showing How Not Everything In Cryptocurrency Is Going To Be Decentralized

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avatar of @forexbrokr
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8 months ago - 1 minutes read

How decentralized can the second layer be if the base is under the control of a couple entities?

Logic tells us there is a problem.

Ding ding ding.

The project can be as decentralised as you like, but with the base layer able to be influenced/shut down by a select few, then it is totally useless.

Ethereum have dug themselves deeper into a hole post-merge, but that problem is even more exaggerated when you consider dApps/NFTs built on chains like Solana.

Get the base layer right and then build.

Something that Hive is doing.

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