Post
Topic
Board Altcoin Discussion
Re: Why are crypto devs so greedy
by
o48o
on 18/11/2022, 00:05:56 UTC
The majority of crypto collapse always comes from the centralisation part and of cos the human greed, what do you think is the proper solution for these? To avoid hurting crypto investors and how to guarantee that their funds is safe with any platform, either Staking, Lending or Trading.

What is the way forward? What solution do you think will be effective?
Simple. Absolutely transparent reserves. In that way it doesn't require trust but investors can check where their money is when ever they want. Also connections to other firms, loans would be investments included into this.

Or all of their finances need to be audited more often. I don't think that would do though as in crypto, things could go south in few days, and it would be time consuming and auditing costs a lot.