Centralization vs Decentralization, Binance Hack, and the Binance Smart Chain Haltby@dshishov

Centralization vs Decentralization, Binance Hack, and the Binance Smart Chain Halt

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The most recent Binance hack demonstrated that the Binance Smart Chain can be halted rapidly by its validators. Even though this measure was used to save the stolen funds and prevent the attacker from draining more tokens from the ecosystem, users raged about blockchain centralization. Are there any truly decentralized blockchains? It looks like we are still far from real decentralization.

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@dshishov

Dmitry Shishov

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