TheBlock
2022-10-19 16:45:12

Bank of England policy committee member says DeFi isn’t decentralized

A senior advisor to the Bank of England suggested that decentralized finance is not as decentralized as it claims to be in a speech to the University College London’s Blockchain Research Center on Wednesday. “Concentrations of power in [proof-of-work] and [proof-of-stake] systems, and other flaws in governance of crypto and DeFi, have already contributed to […]

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