Centralization – DIGIT INFO

Tether, Tron and TRM Labs jointly froze $126M USDT in 2024

DIGIT — Thu, 02 Jan 2025 17:29:14 +0000

“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.

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Two builders produce 88% of Ethereum blocks in October, raising concerns

DIGIT — Thu, 17 Oct 2024 12:12:00 +0000

Some analysts don’t see this as a centralization concern due to the Ethereum network’s underlying builder-proposer architecture.

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Emerging trend could see Solana ‘seriously challenge’ Ethereum: Sygnum

DIGIT — Fri, 04 Oct 2024 01:36:14 +0000

Solana still has serious ground to cover, but if major financial institutions start showing a preference for Solana, things could change.

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Russian Expert Discusses End of Internet Anonymity With Passport-Based Access

DIGIT — Thu, 26 Sep 2024 00:30:46 +0000

A Russian digital services expert has predicted a future where passport-based identification for Internet access becomes the norm, citing a broader trend towards the de-anonymization of online spaces. His comments follow a move by Telegram to disclose user data during rule violation investigations, reflecting a significant shift in how anonymity is handled on the web. […]

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Solana Foundation defends decentralization amid patch coordination claims

DIGIT — Tue, 03 Sep 2024 12:01:14 +0000

Solana Foundation’s Dan Albert highlighted the network’s distributed block-producing nodes, arguing that coordinating a patch does not mean centralization.

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Ethereum staking services agree to 22% limit of all validators

DIGIT — Fri, 01 Sep 2023 03:16:48 +0000

The 22% self-limit rule ensures at least four major staking entities would need to collude in order for the chain to reach finalization.

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DeSo offers $1M bounty for building decentralized Reddit

DIGIT — Thu, 06 Jul 2023 17:40:55 +0000

Developers pointed out the “monopolization of content and data” in centralized social media platforms as a need to create a decentralized alternative.

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Lido, Rocket Pool team members argue over decentralization

DIGIT — Tue, 04 Jul 2023 19:19:44 +0000

A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized.

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Bitcoin hashrate recovers after big freeze shuts down miners

DIGIT — Mon, 26 Dec 2022 03:40:30 +0000

The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s.

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Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot

DIGIT — Thu, 22 Dec 2022 12:30:21 +0000

Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef also stated that tokens built on top of Ethereum have been primarily scams. […]

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