Post
Topic
Board Beginners & Help
Re: Uniswap Starts Blocking Addresses Linked To 'Blocked Activities'
by
Upgrade00
on 26/04/2022, 17:42:28 UTC
What do you think about this Step from one of the most decentralized finance exchange UniSwap?
It seems not to be so "decentralized" after all.
For this to work in a decentralized system, there needed to have been consensus from the community which share administrative powers, but in this case, those powers are centralized and controlled by the company.

My question for you guys is where is the decentralization in the crypto space?
Decentralization is up to you. Use a decentralized coin, like Bitcoin, stored on a non custodian, open source wallet and transact over decentralized P2P platforms.

I keep telling a friend that decentralisation in crypto space won't work out 100% because this will increase the crime rate in crypto space,
The above steps work 100%
Centralization does not reduce crime rate, it just allows the government to monitor and control your finances.